Quotessence
Home / Books / The Alchemy of Finance: Reading the Mind of the Market

The Alchemy of Finance: Reading the Mind of the Market

Book by George Soros · 3 quotes · Investing, Hypothesis, Always Wrong

Filter quotes by topic

The Alchemy of Finance: Reading the Mind of the Market Quotes

“I would be lying, however, if I claimed that I could always formulate worthwhile hypotheses on the basis of my theoretical framework. Sometimes there were no reflexive processes to be found; sometimes I failed to find them; and, what was the most painful of all, sometimes I got them wrong. One way or another, I often invested without a worthwhile hypothesis and my activities were not very different from a random walk.”

“The only thing that could hurt me is if my success encouraged me to return to my childhood fantasies of omnipotence - but that is not likely to happen as long as I remain engaged in the financial markets, because they constantly remind me of my limitations.”