“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.”

Source: Schwager, Jack D. (Editor), Market Wizards, HarperCollins (1989), page 172, ISBN 0-88730-610-1, Read it here http://books.google.com/books?id=jNG7r-Ul7jwC&printsec=frontcover&dq=market+wizards&ei=stanR4q2LKTeiQGMxbFo&sig=8NhAQMHBUZCiBzaJjF4o2ZcOGMY#PPA172,M1

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Ed Seykota16

American commodities trader 1946

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