"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
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
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
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.








