MR. STUPID BUYS JAPAN

The 'tourist decides to pursue happiness instead of pain

I had to suffer some intense drawdowns during the interim. That cotton trade was almost the deal-breaker for me. It was at that point that I said, “Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?”

Paul Tudor-Jones
from Jack Schwager’s Market Wizards

I love this quote because it is so relatable. …