Frases de Paul Tudor Jones

48 frases atemporales sobre inversión y vida

Todas las Frases de Paul Tudor Jones

  1. "Dont focus on making money; focus on protecting what you have. Playing great defense means youll be around to play offense."
    Fuente: Market Wizards (1989)

    Defense first: protect capital before seeking profits.

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  2. "Every day I assume every position I have is wrong. This removes the ego from trading. Never fall in love with a position."
    Fuente: Market Wizards (1989)

    Assume every position is wrong until proven otherwise.

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  3. "Being right about direction is not enough; you must be right about timing. A great idea at the wrong time is a losing trade."
    Fuente: Market Wizards (1989)

    Correct direction is not enough; timing is equally crucial.

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  4. "At the end of the day, the market tells you whether youre right or wrong. Listen to price action, not your thesis."
    Fuente: Market Wizards (1989)

    Listen to price action; the market reveals its truth.

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  5. "Look for trades where the upside is many times the downside. 5:1 reward-to-risk ratios mean you can be wrong most of the time and still profit."
    Fuente: Market Wizards (1989)

    Seek asymmetric trades: five-to-one reward versus risk.

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  6. "Every market moves in cycles driven by economic forces, sentiment, and policy. Understanding where you are in the cycle is crucial."
    Fuente: Trader Documentary (1987)

    All markets move in cycles driven by fundamentals and sentiment.

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  7. "The most important rule is to play great defense. Im always thinking about losing money, not making money. Cut losses fast."
    Fuente: Market Wizards (1989)

    Great defense means cutting losses fast and decisively.

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  8. "Never risk more than a small percentage of your capital on any single trade. Proper position sizing ensures no single loss can destroy you."
    Fuente: Market Wizards (1989)

    Risk only small percentage per trade to survive drawdowns.

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  9. "The trend is your friend until the end. Dont fight major trends; ride them. Counter-trend trading is for experts only."
    Fuente: Trader Documentary (1987)

    The trend is your friend until it ends; don't fight it.

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  10. "Pay attention to the 200-day moving average. When prices break below it, be very cautious. Its one of the most important technical levels."
    Fuente: Market Wizards (1989)

    The 200-day moving average is a critical trend indicator.

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  11. "Never overpay for a security, no matter how exciting the story. The price you pay determines your return. Discipline in valuation is the foundation of investment success."
    Fuente: Market Wizards (1989)

    Discipline in valuation determines investment success.

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  12. "Always estimate the intrinsic value of a business before investing. Compare price to value, not price to past price. The gap between price and value is where profits are made."
    Fuente: Market Wizards (1989)

    Compare price to intrinsic value, not to past prices.

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  13. "Invest in businesses with durable competitive advantages, strong cash flows, and management integrity. Quality businesses compound wealth over time and reduce downside risk."
    Fuente: Market Wizards (1989)

    Quality businesses compound wealth and reduce risk.

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  14. "Before investing, identify the moat — the sustainable competitive advantage that protects the business from competitors. No moat means no long-term edge."
    Fuente: Market Wizards (1989)

    Identify sustainable competitive moats before investing.

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  15. "Not all earnings are equal. Look for recurring, cash-backed earnings rather than accounting profits. High-quality earnings are predictable, sustainable, and convertible to free cash flow."
    Fuente: Market Wizards (1989)

    Evaluate earnings quality, not just quantity.

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  16. "The most successful investors stay within their circle of competence. Know what you understand well and resist the temptation to venture outside it."
    Fuente: Market Wizards (1989)

    Stay within your circle of competence.

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  17. "Surface-level knowledge is dangerous in investing. Develop deep expertise in your areas of focus. True understanding means knowing what could go wrong."
    Fuente: Market Wizards (1989)

    Develop deep expertise, not surface knowledge.

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  18. "Markets are driven by fear and greed. The disciplined investor exploits these emotions rather than being controlled by them. Emotional control is the key competitive advantage."
    Fuente: Market Wizards (1989)

    Exploit market emotions rather than being controlled by them.

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  19. "Understanding crowd psychology is essential. When everyone agrees, the opportunity has usually passed. The best time to act is when the crowd is most fearful or most confident."
    Fuente: Market Wizards (1989)

    Act when the crowd is at emotional extremes.

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  20. "The best investments often feel uncomfortable because they go against popular opinion. If everyone loves a stock, it's probably overpriced. If everyone hates it, investigate."
    Fuente: Market Wizards (1989)

    Good investments often feel uncomfortable.

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  21. "In a world obsessed with quarterly results, patience is the ultimate competitive advantage. Great investments often take years to play out fully."
    Fuente: Market Wizards (1989)

    Patience is the ultimate competitive advantage.

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  22. "Compound interest is the eighth wonder of the world. Those who understand it earn it; those who don't, pay it. Time is the most valuable asset in investing."
    Fuente: Market Wizards (1989)

    Compounding is the most powerful force in investing.

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  23. "Think in decades, not days. The market rewards patient capital and punishes impatience. Most of the gains in investing come from sitting and waiting."
    Fuente: Market Wizards (1989)

    Think in decades, not days.

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  24. "The cardinal rule of investing: buy only when the price is significantly below your conservative estimate of intrinsic value. This builds in protection against error."
    Fuente: Market Wizards (1989)

    Buy only at prices well below intrinsic value.

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  25. "The stock market is a no-called-strike game. You don't have to swing at every pitch. Wait for the fat pitch — the opportunity that offers exceptional risk-reward."
    Fuente: Market Wizards (1989)

    Wait for exceptional risk-reward opportunities.

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  26. "Never invest in anything you don't fully understand. Thorough research is the foundation of every sound investment decision."
    Fuente: Market Wizards (1989)

    Thorough research precedes every sound investment.

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  27. "Have clear, pre-defined sell criteria. Sell when: your thesis is broken, valuation is fully realized, or a significantly better opportunity appears."
    Fuente: Market Wizards (1989)

    Follow pre-defined sell criteria without emotion.

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  28. "Regularly review whether your original reasons for owning a stock still hold. If the facts change, change your mind. Holding a broken thesis is the costliest mistake."
    Fuente: Market Wizards (1989)

    Regularly challenge your original investment thesis.

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  29. "After every sell, review the outcome. Did you sell too early, too late, or at the right time? Post-mortems on sell decisions improve future judgment."
    Fuente: Market Wizards (1989)

    Post-mortem every sell decision to improve.

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  30. "Draw insights from multiple disciplines — psychology, history, mathematics, and science — to build a lattice of mental models for better investment decisions."
    Fuente: Market Wizards (1989)

    Use insights from multiple disciplines for better decisions.

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  31. "Think in probabilities, not certainties. Every investment has a range of possible outcomes. Weight your decisions by the expected value of each scenario."
    Fuente: Market Wizards (1989)

    Think in probabilities, not certainties.

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  32. "Instead of asking how to succeed, ask how to avoid failure. Inverting problems often reveals insights that forward thinking misses."
    Fuente: Market Wizards (1989)

    Invert problems to find insights forward thinking misses.

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  33. "A clear investment philosophy provides an anchor in turbulent times. Know what you believe, why you believe it, and stick to it when tested."
    Fuente: Market Wizards (1989)

    A clear philosophy anchors you in turbulent times.

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  34. "Evaluate management by their actions, not their words. Look for a track record of capital allocation, shareholder communication, and aligned incentives."
    Fuente: Market Wizards (1989)

    Judge management by actions, not words.

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  35. "Understand the industry structure before evaluating any company. Industry economics often matter more than company-specific factors in determining returns."
    Fuente: Market Wizards (1989)

    Industry structure shapes investment outcomes.

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  36. "The most important skill for a CEO is capital allocation. Evaluate how management deploys capital — do they create or destroy value with their decisions?"
    Fuente: Market Wizards (1989)

    Evaluate management's capital allocation skills.

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  37. "The principles that make you a great investor — patience, discipline, humility, and continuous learning — are the same principles that lead to a great life."
    Fuente: Market Wizards (1989)

    Investment principles apply to life too.

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  38. "The best investors never stop learning. Read voraciously, study history, learn from mistakes, and stay curious about the world. Knowledge compounds like interest."
    Fuente: Market Wizards (1989)

    Knowledge compounds like interest for investors.

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  39. "The ideal investment is a high-quality business purchased at a fair price. Quality compounds wealth; fair prices protect capital."
    Fuente: Market Wizards (1989)

    Seek quality businesses at fair prices.

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  40. "Never invest in a business you cannot explain in simple terms. If you can't describe why a company is valuable, you don't understand it well enough to own it."
    Fuente: Market Wizards (1989)

    Only invest in what you can explain simply.

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  41. "Look for investments where a specific catalyst will unlock value. Without a catalyst, even cheap stocks can remain undervalued indefinitely."
    Fuente: Market Wizards (1989)

    Identify specific catalysts that will unlock value.

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  42. "The greatest enemy of the investor is himself. Fear, greed, regret, and pride cause more losses than any economic event. Master your emotions to master the market."
    Fuente: Market Wizards (1989)

    Master your emotions to master the market.

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  43. "Know the common behavioral biases that trap investors: anchoring, confirmation bias, loss aversion, and herding. Awareness is the first step to prevention."
    Fuente: Market Wizards (1989)

    Know your behavioral biases to avoid them.

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  44. "The market exists to serve you, not to guide you. Use market prices to your advantage — buy when the market offers bargains and sell when it offers premiums."
    Fuente: Market Wizards (1989)

    Use the market as your servant, not your guide.

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  45. "Markets move in cycles driven by human emotion. Understanding where you are in the cycle helps you prepare for what comes next and position accordingly."
    Fuente: Market Wizards (1989)

    Understand where you are in the market cycle.

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  46. "A systematic approach to investing removes emotion and ensures consistency. Document your process, follow your rules, and review regularly."
    Fuente: Market Wizards (1989)

    A systematic approach ensures consistent investing.

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  47. "Use an investment checklist to ensure you don't skip critical steps. Aviation-style checklists prevent costly oversights in investment analysis."
    Fuente: Market Wizards (1989)

    Use checklists to prevent investment oversights.

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  48. "Review every investment decision — wins and losses — to improve your system. The best investors treat investing as a craft that can always be refined."
    Fuente: Market Wizards (1989)

    Treat investing as a craft that can always improve.

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Preguntas Frecuentes

¿Cuál es la frase más famosa de Paul Tudor Jones?

"The secret to being successful from a trading perspective is to have an indefatigable thirst for knowledge."

¿Cuántas frases de Paul Tudor Jones hay?

Hemos seleccionado 48 frases verificadas de Paul Tudor Jones, cada una con atribución de fuente y análisis en profundidad.

¿Sobre qué temas cita más Paul Tudor Jones?

Paul Tudor Jones frequently discusses value investing, risk management, and long-term thinking.