Michael Steinhardt Quotations

If you see a wonderful archaic Greek marble object in a museum, it's not only that it's beautiful, but what comes to your mind is the fact that it's 2,600 or so years old, and it was done by a human being at that time who you have such a limited ability to grasp - and yet you have this enormous ability to grasp.

Part of my attraction to ancient art is that there is an element of risk, of speculation.

In North America, the greatest threat to the Jewish people is not the external force of antisemitism, but the internal forces of apathy, inertia and ignorance of our own heritage.

A little part of my life is built around ancient art.

Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.

When your views are truly contrarian, they are inevitably uncomfortable. Courage and the ability to withstand pain are required,

Brokerage firms don't sell customers stock so much as they sell those horrible mutual funds

You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth.

Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants to buy only [bonds], you can almost close your eyes and [buy] stocks.

In the 1950s and 1960s, the heroes were the long-term investors; today the heroes are the wise guys.