"It is not whether you are right or wrong that is important, but how much money you make when you are right and how much you lose when you are wrong. Superior long term returns are built through preservation of capital and home runs." - Stan Druckenmiller
"In order to really excel, you must take full advantage of the situations when you are well ahead and running a hot hand. Those are the times to really press, not rest on your laurels." - Stan Druckenmiller
%% Good risk points; + now that i'm older/ i still think research is important.-murray t turtle Grow; Hannah Stonehouse Hudson/NSSF=National Shooting Sports Foundation