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Resigning from the Professional Undertaking of Coin Flipping

Posted By Barry Ritholtz On June 10, 2013 @ 7:15 am In Investing,Philosophy | Comments Disabled

I love this quote that manages to combine elements of Uncertainty, Existentialism and Agnosticism:


“I have resigned from the professional undertaking of coin flipping. I am not here to tell you where golds gonna be. I have no idea. That’s my existentialism. I am a student of uncertainty. I have no idea where the stock market is going to be. So when I am creating trades in my portfolio for my clients, I am agnostic. I just want to enhance the probability that I make money come what may . . . ”

-Hugh Hendry, of Eclectica Asset Management


Video clip here : Buttonwood, November 26, 2012 [1]

Full video here [2]


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2013/06/resigning-from-the-professional-undertaking-of-coin-flipping/

URLs in this post:

[1] Buttonwood, November 26, 2012: http://youtu.be/uaoVg7SC8b0?t=20m25s

[2] video here: http://www.ritholtz.com/blog/2013/05/hugh-hendry-investing-amidst-crashes-china-speculators/

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