Favorite All Time Quotes?

Rank: King Kong | 1,054

I would like to present this question to all those in the WSO community: what is one of your favorite quotes? Could be from absolutely anything.

Comments (130)

 
Jun 30,2017

"Okay, but just the tip."

26 Broadway
where's your sense of humor?

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Jun 30,2017

Mine is -"When people hurt you over and over, think of them like sandpaper. They may scratch and hurt you a bit, but in the end, you end up polished and they end up useless."
Personally truth experience.

 
Jun 30,2017

Off top of my head this is my pick: "You can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something -- your gut, destiny, life, karma, whatever." - Steve Jobs

 
Jun 30,2017

One of my favorite Steve Jobs quotes
is, "Do you want to spend the rest of your life selling sugared water or do you want a chance to change the world?"

 
Best Response
Jun 30,2017

"Well that's fantastic, a really smart decision young man. We can put that check in a money market mutual fund that will reinvest the earnings into foreign currency accounts with compounding interest - aaaaand it's gone!"

 
Jun 30,2017

Not a quote, but actually a poem that has always inspired me: "It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."

 
Jun 30,2017

That's not a poem. It's an excerpt from a speech given by Teddy Roosevelt.

 
Jun 30,2017

Do you like Huey Lewis and The News?

"This world, it is a tempest sometimes. But remember, the sun always rises again."
-- Brandon Sanderson

 
Jun 30,2017

"Fuck you you fucking fuck" -- Unknown

 
Jun 30,2017

"Like a blind man at an orgy, I am going to have to feel things out."

 
Jun 30,2017
 
Jun 30,2017

"I will see it through the fingers" ~Dutchman that was unaware that this the phrase doesn't work in any other language than Dutch.

 
Jun 30,2017

get money fuck bitches - god

heister:

Look at all these wannabe richies hating on an expensive salad.

 
Jul 31,2018

isn't it, fuck bitches get money?

 
Jul 31,2018

look at this time capsule huh

heister:

Look at all these wannabe richies hating on an expensive salad.

 
Jun 30,2017

Tarantino Pulp Fiction Scene (DNS)

 
Jun 30,2017

"I'm frightened of eggs, worse than frightened, they revolt me. That white round thing without any holes ... have you ever seen anything more revolting than an egg yolk breaking and spilling its yellow liquid? Blood is jolly, red. But egg yolk is yellow, revolting. I've never tasted it."

  • Alfred Hitchcock
 
Jun 30,2017

So no egg for Hitchock but 3 steaks and souffle for breakfast is OK.

 
Jun 30,2017

"Life is hard -- but it's harder if you're stupid."

 
Jun 30,2017

Pretty much.

Follow the shit your fellow monkeys say @shitWSOsays

Life is hard, it's even harder when you're stupid - John Wayne

 
Jun 30,2017

"Ideas are more powerful than guns. We would not let our enemies have guns, why should we let them have ideas."---Joseph Stalin

 
Jun 30,2017

"Feminism was established so as to allow unattractive women easier access to the mainstream." R Limbaugh.

In all fairness, I think Rush is a nutjob with some of his views. But this makes sense. You don't really find any really, really attractive (non celebrity) women touting feminist ideology.

 
Jun 30,2017

"When men are the most sure and arrogant, they are commonly the most mistaken, and have there given reins to passion" - David Hume

Very finance-relevant, good for self monitoring

 
Jun 30,2017

(Excerpted line)

"Nothing gold can stay." -Frost

 
Jun 30,2017

"Fortune favors the bold."

"All men dream, but not equally. Those who dream by night in the dusty recesses of their minds, wake in the day to find that it was vanity. But the dreamers of the day are dangerous men, for they may act on their dreams with open eyes, to make them possible."

"Chance favors only the prepared mind."

"The truth is rarely pure and never simple."

"We shall not cease from exploration, and the end of all our exploring will be to arrive where we started and know the place for the first time."

"Not all those who wander are lost."

"This too shall pass."

"Most people are other people. Their thoughts are someone else's opinions, their lives a mimicry, their passions a quotation."

"A dreamer is one who can only find his way by moonlight, and his punishment is that he sees the dawn before the rest of the world."

"Education is an admirable thing, but it is well to remember from time to time that nothing that is worth knowing can be taught."

 
Jun 30,2017

"The world is a stage, but the play is badly cast." -Oscar Wilde

"You want it to be one way...but it's the other way." -Marlo from The Wire

Gimme the loot

 
Jun 30,2017

Whether Christian or not, I believe that Niebuhr's serenity prayer is of some relevance for almost everyone on WSO.
God, grant me the serenity to accept the things I cannot change,
Courage to change the things I can,
And wisdom to know the difference.

 
Jun 30,2017

Well played, +SB. Let me know when it's time for the Feats of Strength.

 
Jun 30,2017
San Ford:

Well played, +SB. Let me know when it's time for the Feats of Strength.

Don't forget the more effective: hootchi mama!

If the glove don't fit, you must acquit!

 
Jun 30,2017

Love this one personally. I went to a Catholic private school and in my religion class my teacher had this prayer cube and at the beginning of class he would give it to someone to read a prayer off of it. The prayer you listed was one of the prayers on the cube and a personal favorite of mine to read.

 
Jun 30,2017

Two forms of government are favorable to the prevalence of falsehood and deceit. Under a Despotism, men are false, treacherous, and deceitful through fear, like slaves dreading the lash. Under a Democracy they are so as a means of attaining popularity and office, and because of the greed for wealth. Experience will probably prove that these odious and detestable vices will grow most rankly and spread most rapidly in a Republic. When office and wealth become the gods of a people, and the most unworthy and unfit most aspire to the former, and fraud becomes the highway to the latter, the land will reek with falsehood and sweat lies and chicane. When the offices are open to all, merit and stern integrity and the dignity of unsullied honor will attain them only rarely and by accident. To be able to serve the country well, will cease to be a reason why the great and wise and learned should be selected to render service. Other qualifications, less honorable, will be more available. To adapt one's opinions to the popular humor; to defend, apologize for, and justify the popular follies; to advocate the expedient and the plausible; to caress, cajole, and flatter the elector; to beg like a spaniel for his vote, even if he be a negro three removes from barbarism; to profess friendship for a competitor and stab him by innuendo; to set on foot that which at third hand shall become a lie, being cousin-german to it when uttered, and yet capable of being explained away,--who is there that has not seen these low arts and base appliances put into practice, and becoming general, until success cannot be surely had by any more honorable means?--the result being a State ruled and ruined by ignorant and shallow mediocrity, pert self-conceit, the greenness of unripe intellect, vain of a school-boy's smattering of knowledge.

The faithless and the false in public and in political life, will be faithless and false in private. The jockey in politics, like the jockey on the race-course, is rotten from skin to core. Everywhere he will see first to his own interests, and whoso leans on him will be pierced with a broken reed. His ambition is ignoble, like himself; and therefore he will seek to attain office by ignoble means, as he will seek to attain any other coveted object,--land, money, or reputation.

At length, office and honor are divorced. The place that the small and shallow, the knave or the trickster, is deemed competent and fit to fill, ceases to be worthy the ambition of the great and capable; or if not, these shrink from a contest, the weapons to be used wherein are unfit for a gentleman to handle. Then the habits of unprincipled advocates in law courts are naturalized in Senates, and pettifoggers wrangle there, when the fate of the nation and the lives of millions are at stake. States are even begotten by villainy and brought forth by fraud, and rascalities are justified by legislators claiming to be honorable. Then contested elections are decided by perjured votes or party considerations; and all the practices of the worst times of corruption are revived and exaggerated in Republics.

It is strange that reverence for truth, that manliness and genuine loyalty, and scorn of littleness and unfair advantage, and genuine faith and godliness and large-heartedness should diminish, among statesmen and people, as civilization advances, and freedom becomes more general, and universal suffrage implies universal worth and fitness! In the age of Elizabeth, without universal suffrage, or Societies for the Diffusion of Useful Knowledge, or popular lecturers, or Lycaea, the statesman, the merchant, the burgher, the sailor, were all alike heroic, fearing God only, and man not at all. Let but a hundred or two years elapse, and in a Monarchy or Republic of the same race, nothing is less heroic than the merchant, the shrewd speculator, the office-seeker, fearing man only, and God not at all. Reverence for greatness dies out, and is succeeded by base envy of greatness. Every man is in the way of many, either in the path to popularity or wealth. There is a general feeling of satisfaction when a great statesman is displaced, or a general, who has been for his brief hour the popular idol, is unfortunate and sinks from his high estate. It becomes a misfortune, if not a crime, to be above the popular level.

We should naturally suppose that a nation in distress would take counsel with the wisest of its sons. But, on the contrary, great men seem never so scarce as when they are most needed, and small men never so bold to insist on infesting place, as when mediocrity and incapable pretence and sophomoric greenness, and showy and sprightly incompetency are most dangerous. When France was in the extremity of revolutionary agony, she was governed by an assembly of provincial pettifoggers, and Robespierre, Marat, and Couthon ruled in the place of Mirabeau, Vergniaud, and Carnot. England was governed by the Rump Parliament, after she had beheaded her king. Cromwell extinguished one body, and Napoleon the other.

Fraud, falsehood, trickery, and deceit in national affairs are the signs of decadence in States and precede convulsions or paralysis. To bully the weak and crouch to the strong, is the policy of nations governed by small mediocrity. The tricks of the canvass for office are re-enacted in Senates. The Executive becomes the dispenser of patronage, chiefly to the most unworthy; and men are bribed with offices instead of money, to the greater ruin of the Commonwealth. The Divine in human nature disappears, and interest, greed, and selfishness takes it place. That is a sad and true allegory which represents the companions of Ulysses changed by the enchantments of Circe into swine.

If the glove don't fit, you must acquit!

 
Jun 30,2017
Marti Kahn:

tldr

Just read the first few sentences

If the glove don't fit, you must acquit!

 
Jun 30,2017

"I have a life. And it only goes in one direction: Forward." Don Draper

 
Jun 30,2017
PFTCommenter:

"I have a life. And it only goes in one direction: Forward." Don Draper

Reminds me of a Ten Foot Pole song, Forward. Going forward, never straight.

https://youtu.be/2EQnsK3YaXE?t=15m14s

If the glove don't fit, you must acquit!

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Jun 30,2017

inb4 all the American Psycho quotes >___>

A few of my favourites:

"We're born alone, live alone, and die alone. Only through our love and friendship can we create the illusion that we're not alone." -Orson Welles

"The greatest pleasure in life is doing what people say you cannot do." -Walter Bagehot

"I'm tough, ambitious, and I know exactly what I want. If that makes me a bitch, okay." -Madonna

"Courage does not always roar. Sometimes courage is the quiet voice at the end of the day saying, 'I will try again tomorrow." -Mary Anne Radmacher

Currently: clinical psychologist (in training)
Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)

 
Jun 30,2017
chicandtoughness:

inb4 all the American Psycho quotes >___>

I wouldn't say before ALL of them.

chicandtoughness:

"We're born alone, live alone, and die alone. Only through our love and friendship can we create the illusion that we're not alone." -Orson Welles

When you're born, at a minimum you are in the midst of the vag of another person and probably in the hands of another, if not in the vicinity of more people.

Do we live alone? I don't think I do.......do you?

Do we die alone? Many more people do than general living or during birth. Ultimately, nobody is going with you, so I would agree you're dying alone. Maybe if you are in a Kool-Aid drinking session, that might not be true, but not really pertinent. You're still dying by yourself even if dying in the vicinity of others.

 
Jun 30,2017
DickFuld:

Do we die alone? Many more people do than general living or during birth. Ultimately, nobody is going with you, so I would agree you're dying alone. Maybe if you are in a Kool-Aid drinking session, that might not be true, but not really pertinent. You're still dying by yourself even if dying in the vicinity of others.

Heidegger would agree. Death is the only experience of being (dasein) that is uniquely one's own.

 
Jun 30,2017
  1. "It doesn't matter if a cat is black or white, so long as it catches mice." - Deng Xiaopeng (Replaced Mao and made China an economic giant)
  2. "I think any man in business would be foolish to fool around with his secretary. If it's somebody else's secretary, fine." - Barry Goldwater (Republican Nominee for POTUS in 1964)
  3. "Mark my word, if and when these preachers get control of the [Republican] party, and they're sure trying to do so, it's going to be a terrible damn problem. Frankly, these people frighten me. Politics and governing demand compromise. But these Christians believe they are acting in the name of God, so they can't and won't compromise. I know, I've tried to deal with them." - Barry Goldwater (Republican Nominee for POTUS in 1964)
  4. "You can judge a society by how well it treats its prisoners" - Fyodor Dostoevsky
  5. "Americans can always be counted on to do the right thing...after they have exhausted all other possibilities." - Winston Churchill
  6. "One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors" - Plato
 
Jun 30,2017

"The sea was angry that day, my friends!"

 
Jun 30,2017

like an old man trying to send back soup in a deli.

incredible monologue. heard that he only had to look at the script a couple of times and he nailed it then and there.

 
Jun 30,2017

Is anyone here a marine biologist!?

 
Jun 30,2017

"Auto-correct can go straight to he'll"

 
Jun 30,2017

Les statistiques, c'est comme le bikini: ca donne des idees mais ca cache l'essentiel

 
Jun 30,2017

"Janice, I apologize to you if I don't seem real eager to jump into a forced awkward intimate situation that people like to call dating. I don't like the feeling. You're sitting there, you're wondering do I have food on my face, am I eating, am I talking too much, are they talking enough, am I interested I'm not really interested, should I play like I'm interested but I'm not that interested, but I think she might be interested but do I want to be interested, but now she's not interested? So all of the sudden I'm getting, I'm starting to get interested... And when am I supposed to kiss her? Do I have to wait for the door cause then it's awkward, it's like well goodnight. Do you do like that ass-out hug? Where you like, you hug each other like this and your ass sticks out cause you're trying not to get too close or do you just go right in and kiss them on the lips or don't kiss them at all? It's very difficult trying to read the situation. And all the while you're just really wondering are we gonna get hopped up enough to make some bad decisions? Perhaps play a little game called 'just the tip.' Just for a second, just to see how it feels. Or, ouch, ouch you're on my hair." - Jeremy (Wedding Crashers)

 
Jun 30,2017

"It's frightening to think that you might not know something, but more frightening to think that, by and large, the world is run by people who have faith that they know exactly what is going on."

-- Amos Tversky

 
Jun 30,2017

Not so much a quote, but the entirety of President Lincoln's Gettysburg Address and Second Inaugural Address.

"And now here is my secret, a very simple secret: It is only with the heart that one can see rightly; what is essential is invisible to the eye." - Antoine de Saint-Exupery in "The Little Prince"

"All levels of income are better off than they were in 1979. But what the honorable member is saying is that he would rather the poor were poorer provided the rich were less rich. That way you will never create the wealth for better social services as we have. And what a policy. Yes. He would rather have the poor poorer provided the rich were less rich. That is the Liberal policy. Yes it came out. He didn't intend it to but it did" - Prime Minister Thatcher

 
Jun 30,2017

I personally love that one line from Frogman's Ballad: "Anything in life worth doing is worth overdoing. Moderation is for cowards."

 
Jun 30,2017

"I'm not here for a long time, I'm here for a good time."

 
Jun 30,2017

It aint about what you know; it's about who you know.

related:
It aint the grades you make; it's the hands you shake.

 
Jun 30,2017

For f--k's sake, we all work/want to work in Wall Street. There is only one truth:
Greed is good.
(Long live Gekko the Great).

"I'm into, uh, well, murders and executions, mostly."

 
Jun 30,2017

"I don't use quotes, I make them." - Me

 
Jun 30,2017

simply: it's a zero sum game

The name of the game, moving the money from the client's pocket to your pocket

 
Jun 30,2017

Everything Churchill
Everything Wilde
Everything Founding Father's
Everything Seneca

 
Jun 30,2017

Fight and you may die. Run and you'll live, at least for a while. But dying in your beds, years from now, would you be willing to trade all the days from this day to that for one chance. JUST ONE CHANCE. To come back here. and tell our enemies. That they may take our lives. but they'll never take our FREEEEEEEEEEEEEEEEEDOOOOOOOOOOOOMMMMMMMMMMMMMMMMMMMMMM

 
Jun 30,2017

"Grab them by the pussy"- 45th and current President of the United States

 
Jun 30,2017

discipline equals freedom

 
Jun 30,2017

"Practice does not make perfect, perfect practice makes perfect"; I guess for more originality "There is more than one way to the top of the mountain"

 
Jun 30,2017

Remembering that you're going to die is the best way to avoid the trap of thinking you have something to lose

Your only exit opp is death

 
Jun 30,2017

While a bit bleak, it actually does put things into perspective. Essentially, "What's the worse that could happen, you die?"

 
Sep 30,2017

Society grows when old men plant trees in whose shade they shall never sit

 
Sep 30,2017

"Cover me, ya limp-dick fuckups!" - Kirk Lazarus as Sgt. Lincoln Osiris, Tropic Thunder

 
Mar 31,2018

"Only optimists commit suicide, optimists who no longer succeed at being optimists. The others, having no reason to live, why would they have any to die?"

-- Emil M. Cioran

 
Mar 31,2018

The unexamined life is not worth living.
-Socrates

For me, to be a saint is to be myself.
- Thomas Merton

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

 
 
Mar 31,2018

Hey ma if you could see me now
Arms spread wide on the starboard bow
Gonna fly this boat to the moon somehow
Like Kevin Garnett, anything is possible

 
Mar 31,2018

"I love me some me"

Terrel Owens

 
Mar 31,2018

People will never be reliable, but money makes them predictable.

The WSO Guide to Understanding TARP

 
Mar 31,2018

If you pay peanuts, you get monkeys

 
Mar 31,2018
maximustrades:

"Beware of geeks bearing formulas."--Warren Buffet

LOL. Warren BUffet is just a man of below average intelligence who used the retard-method of investment- buying stocks then waiting decades for long term growth. Why have money later, when you can have money now? If Warren "Old Fart" Buffet was truly smart, he'd use quantitative methods. His shitty "wait-n-see" method can be easily replicated, and what's the fun in that; if non Wall Streeters can use your strategy?
..............................................................................
http://ittakesanationofhaircutstoholdusback.wordpr... Takes A Nation Of Haircuts To Hold Us Back.

.........................................................................
I have a next level rolodex.

 
Mar 31,2018
statarbmonkey:

LOL. Warren BUffet is just a man of below average intelligence who used the retard-method of investment- buying stocks then waiting decades for long term growth. Why have money later, when you can have money now? If Warren "Old Fart" Buffet was truly smart, he'd use quantitative methods. His shitty "wait-n-see" method can be easily replicated, and what's the fun in that; if non Wall Streeters can use your strategy?

I would so much rather be John Merriwether than Warren Buffett

 
Mar 31,2018
drexelalum11:
statarbmonkey:

LOL. Warren BUffet is just a man of below average intelligence who used the retard-method of investment- buying stocks then waiting decades for long term growth. Why have money later, when you can have money now? If Warren "Old Fart" Buffet was truly smart, he'd use quantitative methods. His shitty "wait-n-see" method can be easily replicated, and what's the fun in that; if non Wall Streeters can use your strategy?

I would so much rather be John Merriwether than Warren Buffett

I would be Warren Buffet- but just not BE him (e.g. not live in the same shitty house since '58, eating cheap burgers with cherry coke)

If I was him I'd use my stake in goldman to be around some of the best people in finance and know that Im better than all of them. Maybe leisurely tour the gs trading floor throwing insults left and right and then eventually retiring to a plush office near blankfein where I can let my hos do their work.

 
Mar 31,2018
Philosopher:
drexelalum11:
statarbmonkey:

LOL. Warren BUffet is just a man of below average intelligence who used the retard-method of investment- buying stocks then waiting decades for long term growth. Why have money later, when you can have money now? If Warren "Old Fart" Buffet was truly smart, he'd use quantitative methods. His shitty "wait-n-see" method can be easily replicated, and what's the fun in that; if non Wall Streeters can use your strategy?

I would so much rather be John Merriwether than Warren Buffett

I would be Warren Buffet- but just not BE him (e.g. not live in the same shitty house since '58, eating cheap burgers with cherry coke)

If I was him I'd use my stake in goldman to be around some of the best people in finance and know that Im better than all of them. Maybe leisurely tour the gs trading floor throwing insults left and right and then eventually retiring to a plush office near blankfein where I can let my hos do their work.

Philosopher: you my friend, are an astute young man.

 
Mar 31,2018
Philosopher:
drexelalum11:
statarbmonkey:

LOL. Warren BUffet is just a man of below average intelligence who used the retard-method of investment- buying stocks then waiting decades for long term growth. Why have money later, when you can have money now? If Warren "Old Fart" Buffet was truly smart, he'd use quantitative methods. His shitty "wait-n-see" method can be easily replicated, and what's the fun in that; if non Wall Streeters can use your strategy?

I would so much rather be John Merriwether than Warren Buffett

I would be Warren Buffet- but just not BE him (e.g. not live in the same shitty house since '58, eating cheap burgers with cherry coke)

If I was him I'd use my stake in goldman to be around some of the best people in finance and know that Im better than all of them. Maybe leisurely tour the gs trading floor throwing insults left and right and then eventually retiring to a plush office near blankfein where I can let my hos do their work.

Buffet is SENILE.
..............................................................................
http://ittakesanationofhaircutstoholdusback.wordpr... Takes A Nation Of Haircuts To Hold Us Back.

.........................................................................
I have a next level rolodex.

 
Mar 31,2018
statarbmonkey:
Philosopher:
drexelalum11:
statarbmonkey:

LOL. Warren BUffet is just a man of below average intelligence who used the retard-method of investment- buying stocks then waiting decades for long term growth. Why have money later, when you can have money now? If Warren "Old Fart" Buffet was truly smart, he'd use quantitative methods. His shitty "wait-n-see" method can be easily replicated, and what's the fun in that; if non Wall Streeters can use your strategy?

I would so much rather be John Merriwether than Warren Buffett

I would be Warren Buffet- but just not BE him (e.g. not live in the same shitty house since '58, eating cheap burgers with cherry coke)

If I was him I'd use my stake in goldman to be around some of the best people in finance and know that Im better than all of them. Maybe leisurely tour the gs trading floor throwing insults left and right and then eventually retiring to a plush office near blankfein where I can let my hos do their work.

Buffet is SENILE.
..............................................................................
http://ittakesanationofhaircutstoholdusback.wordpr... Takes A Nation Of Haircuts To Hold Us Back.

Statarb: in the investment realm, talk is cheap.

 
Mar 31,2018

I arise in the morning torn between a desire to improve the world and a desire to enjoy the world. This makes it hard to plan the day.

I dreamt that I dwelt in marble halls, With vassals and serfs at my side.

In the lexicon of youth, which fate reserves for a bright manhood, there is no such word As fail.

My mother said to me, "If you become a soldier, you'll be a general, if you become a monk you'll end up as the pope." Instead, I became a painter and wound up as Picasso.
- Pablo Picasso

My all time favorites:
I'm cursed with the pursuit of a kind of perfection that doesn't exist and is unnatural.
- Tom Ford

I am the greatest, I said that even before I knew I was.
- You should already know who this is

 
Mar 31,2018

Friends is friends...money's money

 
Mar 31,2018

This is a monologue rather then a quote but I think about it time to time:

"It's harder to make $200-300k than it is to make $10 million. Think about it--nearly everyone is competing for those mid-level executive jobs; you've got competition from some of the most intelligent people in the business world, who went to the top schools, have the top grades, have the best credentials, and many of these people are absolutely dedicated to otherwise mundane jobs and industries. But look at me--I'm an average guy of average intelligence, I had some simple ideas that I pursued, I worked hard, and here I am today. It's the first $1 million that is hard to make--after that, for most people, it starts to flow--money begats money."

 
Mar 31,2018

Excellence can be attained if you care more than others think is wise, risk more than others think is safe, dream more than others think is practical, and expect more than others think is possible.

Impossible is just a big word thrown around by small men who find it easier to live in the world they've been given than to explore the power they have to change it. Impossible is not a fact. It's an opinion. Impossible is not a declaration. It's a dare. Impossible is potential. Impossible is temporary. Impossible is nothing.

I can accept anything, except what seems to be the easiest for most people: the half-way, the almost, the just-about, the in-between.

Do not let your fire go out, spark by irreplacable spark. In the hopeless swamps of the not quite, the not yet, and the not at all, do not let the hero in your soul perish and leave only frustration for the life you deserved, but never have been able to reach. The world you desire can be won, it exists, it is real, it is possible, it is yours.

Only a man who knows what it is like to be defeated can reach down to the bottom of his soul and come up with the extra ounce of power it takes to win.

 
Mar 31,2018

ZXC

Sincerely,
BroadStreetBully

"Everybody needs money. That's why they call it money."-Heist 2001

 
Mar 31,2018
DontMakeMeShortYou:

Excellence can be attained if you care more than others think is wise, risk more than others think is safe, dream more than others think is practical, and expect more than others think is possible.

Impossible is just a big word thrown around by small men who find it easier to live in the world they've been given than to explore the power they have to change it. Impossible is not a fact. It's an opinion. Impossible is not a declaration. It's a dare. Impossible is potential. Impossible is temporary. Impossible is nothing.

I can accept anything, except what seems to be the easiest for most people: the half-way, the almost, the just-about, the in-between.

Do not let your fire go out, spark by irreplacable spark. In the hopeless swamps of the not quite, the not yet, and the not at all, do not let the hero in your soul perish and leave only frustration for the life you deserved, but never have been able to reach. The world you desire can be won, it exists, it is real, it is possible, it is yours.

Only a man who knows what it is like to be defeated can reach down to the bottom of his soul and come up with the extra ounce of power it takes to win.

Sincerely,
Da BroadStreetBully

"Everybody needs money. That's why they call it money."-Heist 2001

Sincerely,
BroadStreetBully

"Everybody needs money. That's why they call it money."-Heist 2001

 
Mar 31,2018

Part of the $10 million I spent on gambling, part on booze and part on women. The rest I spent foolishly.

George Best

Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb.

Calvin Coolidge

 
Mar 31,2018

I'm not much of a poetry buff, but William Ernest Henley's Invictus gets my vote for its badass factor.

"OUT of the night that covers me,
Black as the Pit from pole to pole,
I thank whatever gods may be
For my unconquerable soul.

In the fell clutch of circumstance
I have not winced nor cried aloud.
Under the bludgeonings of chance
My head is bloody, but unbowed.

Beyond this place of wrath and tears
Looms but the Horror of the shade,
And yet the menace of the years
Finds, and shall find, me unafraid.

It matters not how strait the gate,
How charged with punishments the scroll,
I am the master of my fate:
I am the captain of my soul."

 
Mar 31,2018

"This ain't Main Street baby, this is WALL STREET!"

 
Mar 31,2018

There's only 2 types of men on Wall Street: Standard or Poor.

Paraphase from a TV special on Joseph Jett. LOL.

 
Mar 31,2018

...the guy has already blown up twice. Buffett is a long-only trader who stumbled into a great bull market and his legend is mostly an invention of media and self-promotion but at least he has a positive lifetime P&L unlike Merryweather who is down massively overall.

My favorite trading quote:

"The only way to make alot of money is to add to winning trades, the only way to lose alot money is to add to losing trades"

 
Mar 31,2018
Bondarb:

Merryweather is a joke...

...the guy has already blown up twice. Buffett is a long-only trader who stumbled into a great bull market and his legend is mostly an invention of media and self-promotion but at least he has a positive lifetime P&L unlike Merryweather who is down massively overall.

but I do hope everyone realizes I was being sarcastic. Though I do agree Buffett is woefully overrated.

 
Mar 31,2018

I had an offer w/ JWM. Buffet sucks balls.
..............................................................................
http://ittakesanationofhaircutstoholdusback.wordpr... Takes A Nation Of Haircuts To Hold Us Back.

.........................................................................
I have a next level rolodex.

 
Mar 31,2018
statarbmonkey:

I had an offer w/ JWM. Buffet sucks balls.

(One of) my favorite quotes:

Those who do not learn from history are doomed to repeat it.

 
Mar 31,2018
statarbmonkey:

I had an offer w/ JWM. Buffet sucks balls.
..............................................................................
http://ittakesanationofhaircutstoholdusback.wordpr... Takes A Nation Of Haircuts To Hold Us Back.

Tetris? big-polo?

 
Mar 31,2018
statarbmonkey:

I had an offer w/ JWM. Buffet sucks balls.

Darn, too bad you didn't take the JWM offer, eh stat arb?

 
Mar 31,2018

If Warren "Old Fart" Buffet was truly smart, he'd use quantitative methods. His shitty "wait-n-see" method can be easily replicated, and what's the fun in that; if non Wall Streeters can use your strategy?

traditional quant finance techniques are ridiculously common place now too and overly replicated. Some time series analysis and asset pricing is not god's work. why do you think quant funds have been increasingly correlated.

in any case, warren looks for alpha and not "coolness" of technique. Last year he happened to find it using complex currency strategies on the brazilian real.

 
Mar 31,2018

IMO quant strategies work because of the irrationality in the market. Investors are, for the most part, very myopic and short-term oriented. If there was an article in the paper about Sergey Brin having bloody diarrhea Google stock will drop 5%. In addition to the daily tides of optimism and pessimism that change the valuation of a business according to the stock market... if you're a businessman, a real businessman, not in finance, you know what a business a truly worth and it doesn't increase/decrease 10-15% in a day because a company delayed the release of a product by 45 days. Investors are generally pretty stupid and look at little pieces of news, often insignificant as indicators/signals as to the value of a business. Its a common joke amongst some people I know that even if you had an abundance of insider information, it is often impossible to know what will be a market mover and what will not. Case in point, the PALM presentation at a conference a few months back that made their stock jump something like 20-35%.

Back to my original point, Buffet makes money because he is a businessman. Some quant traders make money because they have statistically captured a very tiny piece of a live wave of irrationality in the market.

 
Mar 31,2018
Marcus_Halberstram:

Some quant traders make money because they have statistically captured a very tiny piece of a live wave of irrationality in the market.

please do explain what a "tiny piece of a live wave of irrationality" is (you can't model irrationality if thats what you're implying- what, do you know/understand everyone's aggregated irrational thoughts?). you're talking about equities. and quant strategies in equities is 99% quantitative equity market-neutral funds using computer programs to shift through financial data looking for parameters to construct l/s equity combos to be beta/dollar/sector/etc neutral. basically a l/s fund using statistics/correlations rather than fundamental analysis. not as impressive as "live waves of irrationality" unfortunately.

I'm not a Buffet guy but he blows away Meriwether. Have you guys ever heard of LTCM?

Buffet is not a latent transsexual cock muncher. And I don't think he has ever blown anyone.

 
Mar 31,2018
Philosopher:
Marcus_Halberstram:

Some quant traders make money because they have statistically captured a very tiny piece of a live wave of irrationality in the market.

please do explain what a "tiny piece of a live wave of irrationality" is (you can't model irrationality if thats what you're implying

I was speaking very generally... and no I wasn't implying that irrationality is/was being modeled. I was just suggesting the reason why quant trading works is because markets are not efficient... (referring more to arb and high-freq trading).

 
Mar 31,2018

I'm not a Buffet guy but he blows away Meriwether. Have you guys ever heard of LTCM?

 
Mar 31,2018

Meriwether is? Now I understand why Michael Lewis liked him so much.

 
Mar 31,2018

A lie gets halfway around the world before the truth has a chance to get its pants on - Churchill

Only two things are infinite, the universe and human stupidity, and I'm not sure about the former - Einstein

Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.

 
Mar 31,2018

"Football is not a contact sport, it's a collision sport - dancing is a contact sport." -Vince Lombardi

 
Mar 31,2018

You find out life's this game of inches. And so is football. Because in either game, life or football, the margin for error is so small. I mean... one half a step too late or too early and you don't quite make it. One half second too slow too fast, you don't quite catch it. The inches we need are everywhere around us. They are in every break of the game, every minute, every second. On this team, we fight for that inch. On this team, we tear ourselves and everyone else around us to pieces for that inch. We claw with our fingernails for that inch. Because we know when we add up all those inches, that's gonna make the fucking difference between winning and losing! Between living and dying! I'll tell you this - in any fight, its the guy whose willing to die who's gonna win that inch. - Pacino Any Given Sunday

 
Mar 31,2018

A pack of lions led by a sheep is no match for a pack of sheep led by a lion.

The WSO Guide to Understanding TARP

 
Mar 31,2018

To defeat me its going to take more than guts, you need the eye of the tiger, heart of a lion, and King Kongs nuts.

 
Mar 31,2018

I choose to live by a few of its most memorable quotes, majority of which are from Bodhi (Patrick Swayze).

Bodhi: "If you want the ultimate, you've got to be willing to pay the ultimate price. It's not tragic to die doing what you love."

Bohdi: "Fear causes hesitation, and hesitation will cause your worst fears to come true."

Bodhi: "Goddamn! You are one radical son of a bitch!" (that's what I say every morning when I look in the mirror)

Bodhi: "What's the matter with you guys? This was never about the money, this was about us against the system. That system that kills the human spirit. We stand for something. We are here to show those guys that are inching their way on the freeways in their metal coffins that the human sprit is still alive."

 
Mar 31,2018

Guys, Buffett is a retard. Let's face it: most of what he said he did is probably all lies anyway. Furthermore, he is a douchebag for insisting on the second 't' in his name. Otherwise, his name would be buffet, and as we all know, buffets are awesome.

+1 statarbmonkey, my brother in ass-kickery

 
Mar 31,2018

"Fuck you. You want you want an A? Here's you fucking A. Now get out!"
-U.Penn. Professor, after I spent an hour arguing on how the quality of my papers warranted an A in his(her) course.

 
Mar 31,2018
  1. "I do not think that there is any quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
    -John Rockefeller
  2. "You can have it if you want to live it Agora Fucking Hills, but if you want a Beverly Hills mansion and a country club membership and six weeks a year in a Tuscan villa then I'm going to have to take a call when it comes at noon on a mother fucking Wednesday!"
    -Ari Gold (This is a close 2nd)
  3. "See you are what you are in this world, that's either one of two things. Either your somebody or you aint nobody."
    -Frank Lucas (American Gangster)
  4. "I had a flair for languages, but I soon discovered what talks best is dollars, dinars, drachmas, rubles, rupees and pounds fucking sterling.
    -Lord of War
  5. "I'm the greatest, I knew it even before I was."
    -Muhammad Ali
 
Mar 31,2018
Boutique Banking:

1. "I do not think that there is any quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
-John Rockefeller

I like that one alot.

There's one that has something to do with "a man knows his life is worth living if with every action he feels as though he is laying the stone of the world" I know I completely butchered it and it is probably not very accurate to what the original is, but I just remember a few small pieces and I recall that I really liked it, but don't remember it exactly or who said it.

Anyone know?

 
Mar 31,2018

I don't know that one, but I like your spin. I forgot one more great quote...Not much of a quote actually

So crack a bottle, let your body waddle
Don't act like snobby model you just hit the lotto
Uh Oh Uh Oh bitches hoppin in my Tahoe

 
Mar 31,2018

From the Aeneid written by Virgil in about 20 BC:

Audentes Fortuna Iuvat

Fortune favors the brave.

The WSO Guide to Understanding TARP

 
Mar 31,2018

My offer is this: nothing (Michael Corleone)

I have a rocket arm, a monster cock and the brain of a scientist (Kenny Powers)

 
Mar 31,2018

"Say hello to the man, goodbye to the gigolo."--Nastradamus

 
Mar 31,2018

All eminently quotable...

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The WSO Guide to Understanding TARP

 
Mar 31,2018

"You can put a cat in the oven but that don't make it a biscuit."

-Wesley Snipes

 
Mar 31,2018

I would like you to imagine a national coin-flipping contest. Let's assume we get 225 million Americans up tomorrow morning and we ask them all to wager a dollar. They go out in the morning at sunrise, and they all call the flip of a coin. If they call correctly, they win a dollar from those who called wrong. Each day the losers drop out, and on the subsequent day the stakes build as all previous winnings are put on the line. After ten flips on ten mornings, there will be approximately 220,000 people in the United States who have correctly called ten flips in a row. They each will have won a little over $1,000.

Now this group will probably start getting a little puffed up about this, human nature being what it is. They may try to be modest, but at cocktail parties they will occasionally admit to attractive members of the opposite sex what their technique is, and what marvelous insights they bring to the field of flipping.

Assuming that the winners are getting the appropriate rewards from the losers, in another ten days we will have 215 people who have successfully called their coin flips 20 times in a row and who, by this exercise, each have turned one dollar into a little over $1 million. $225 million would have been lost, $225 million would have been won.

By then, this group will really lose their heads. They will probably write books on "How I turned a Dollar into a Million in Twenty Days Working Thirty Seconds a Morning." Worse yet, they'll probably start jetting around the country attending seminars on efficient coin-flipping and tackling skeptical professors with, " If it can't be done, why are there 215 of us?"

By then some business school professor will probably be rude enough to bring up the fact that if 225 million orangutans had engaged in a similar exercise, the results would be much the same - 215 egotistical orangutans with 20 straight winning flips.

Warren Buffett

 
Mar 31,2018

If you can keep your head when all about you
Are losing theirs and blaming it on you;
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don't deal in lies,
Or being hated, don't give way to hating,
And yet don't look too good, nor talk too wise;

If you can dream - and not make dreams your master;
If you can think - and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build 'em up with worn-out tools;

If you can make one heap of all your winnings
And risk it all on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: "Hold on!";

If you can talk with crowds and keep your virtue,
Or walk with kings - nor lose the common touch;
If neither foes nor loving friends can hurt you;
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds' worth of distance run -
Yours is the Earth and everything that's in it,
And - which is more - you'll be a Man, my son!

Sincerely,
Da BroadStreetBully

"Everybody needs money. That's why they call it money."-Heist 2001

Sincerely,
BroadStreetBully

"Everybody needs money. That's why they call it money."-Heist 2001

 
May 31,2018

"Markets can remain irrational more than you can remain solvent." - John Keynes

 
May 31,2018

"You get three names your entire life. The name your parents give you, the last name you inherit, and the name you make for yourself."

 
May 31,2018

"They don't think it be like it is, but it do" - Oscar Gamble

 
May 31,2018

"That's the whole challenge of life - to act with honor and hope and generosity, no whatter what you've drawn. You can't help when or what you were born, you may not be able to help how you die; but you can - and you should - try to pass the days between as a good man."
- Anton Myrer, 'Once an Eagle'

"Proper planning and preparation prevents piss poor performance."

"Fortune favors the bold."
- Latin proverb

"Tho' much is taken, much abides; and tho'
We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield."
- Alfred Tennyson, "Ulysses"

 
May 31,2018