Survival Of The Fittest
We believe that in order to prosper at the trading game one must develop a “survival of the fittest†mindset. We believe the four most important components of that mindset are commitment, a daily approach that is different from the herd, an unshakable belief system, and guts.
–Larry Connors and Blake E. Hayward, from Investment Secrets of a Hedge Fund Manager (1995, Irwin Professional Publishing, Chicago).