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Science & Tech Quote by Ted Turner

"Every few seconds it changes - up an eighth, down an eighth -it's like playing a slot machine. I lose $20 million, I gain $20 million"

About this Quote

Turner turns the stock ticker into a casino reel and, in doing so, makes a billionaire problem sound both absurd and oddly relatable. The genius of the line is its rhythm: “up an eighth, down an eighth” is not just market jargon, it’s a metronome for anxiety. Those tiny fractions, repeated, become a kind of mechanical taunt - the impersonality of finance reduced to a flickering number that still manages to feel intimate, even bodily. Then he spikes the banality with shock value: not dollars, but tens of millions. The scale is obscene, and that’s the point.

The specific intent is performance. Turner isn’t merely lamenting volatility; he’s broadcasting stamina. If you can shrug off $20 million swings as a few seconds’ entertainment, you’re signaling a certain dominance over the system, or at least a willingness to ride it without flinching. The subtext is also a quiet confession: this isn’t “investment” as patient capital-building, it’s adrenaline management. The market’s promise of rational allocation collapses into compulsive sensation-seeking, with wealth as the chips.

Context matters: Turner rose in an era when media empires and financial markets both accelerated, rewarding audacity and leverage. His metaphor exposes the cultural logic of late-20th-century capitalism: even when you’re “winning,” the experience is calibrated like gambling - continuous, quantified, and never fully secure. The line lands because it’s bravado and vulnerability in the same breath.

Quote Details

TopicInvestment
SourceHelp us find the source
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Citation Formats

APA Style (7th ed.)
Turner, Ted. (2026, January 16). Every few seconds it changes - up an eighth, down an eighth -it's like playing a slot machine. I lose $20 million, I gain $20 million. FixQuotes. https://fixquotes.com/quotes/every-few-seconds-it-changes-up-an-eighth-down-121884/

Chicago Style
Turner, Ted. "Every few seconds it changes - up an eighth, down an eighth -it's like playing a slot machine. I lose $20 million, I gain $20 million." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/every-few-seconds-it-changes-up-an-eighth-down-121884/.

MLA Style (9th ed.)
"Every few seconds it changes - up an eighth, down an eighth -it's like playing a slot machine. I lose $20 million, I gain $20 million." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/every-few-seconds-it-changes-up-an-eighth-down-121884/. Accessed 11 Feb. 2026.

More Quotes by Ted Add to List
Every Few Seconds It Changes: Ted Turner on the Stock Market
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About the Author

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Ted Turner (born November 19, 1938) is a Businessman from USA.

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