Running Money Quotes

“Me, I’m on the hunt for waterfalls—big-time trends—barriers broken by the intense pressure of change behind them, cutting through everything in their path, accelerating at will. And hopefully, I can jump off the investments before the trend crashes into a pile of debris. Sick, but that is what I chose to do.”
― Andy Kessler, Running Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score

“When I was at JP Morgan, they burdened me with assets until I broke.” “What do you mean?” “You start chasing lousy businesses just to put the money to work.” “How?” I asked. “Because there are only so many good investments out there.”
― Andy Kessler, Running Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score

“The best investors don’t get persuaded by stock blips or charts. It’s about staying ahead of the curve—anticipating changes in sentiment. You’ve got to anticipate what newspaper headlines will say next.”
― Andy Kessler, Running Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score