I don’t have many regrets. I regret mistakes, particularly those that damage other people, and we’ve all made some of those. But I’m not sad about change. John Gutfreund Read Quote
Commercial banks are very good for certain businesses, like loans and guarding other people’s money. They’re not great investors or entrepreneurs. John Gutfreund Read Quote
The media, the polls and our legislatures fortunately have short attention spans. John Gutfreund Read Quote
I never thought of myself as a king. People really want you to be their deity. They forget the fact that you are a person who has feelings and doubts. John Gutfreund Read Quote
Proprietary stock-index arbitrage is but one aspect of program trading. Arbitrage will take place whenever there is an imbalance created in one or more markets that are similar. John Gutfreund Read Quote
Shareholders share in the downside and not necessarily in the upside; that’s the whole story. John Gutfreund Read Quote
I have never been a social lion; I was misidentified as one because I have a very attractive second wife. John Gutfreund Read Quote
People in Philadelphia are a world apart from New York. They’re very different from people in the New York scene. The New York scene wants your visibility and wants your money. John Gutfreund Read Quote
