Home / Quotes / Quote by George Soros

Quote by George Soros

“Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values”

Quote by George Soros

Book:The Alchemy of Finance

Work

The Alchemy of Finance

This book delves into the world of finance, offering insights into the complex dynamics of the market. It draws parallels between the ancient practice of alchemy and modern financial theories, aiming to provide readers with a deeper understanding of investment and economic behavior. more

Author

George Soros, born on August 12, 1930, is a renowned business magnate and philanthropist. He has significant influence in the global financial markets and is known for his unique investment strategies and philosophy. In the 1970s, Soros founded the Quantum Fund, which achieved substantial wealth growth over the following decades. Apart from his success in business, Soros is committed to promoting global democracy and open societies, supporting various educational and charitable projects through the Soros Foundation. more

You May Also Like

“For every one of our failures, we had spreadsheets that looked awesome”

Author:Scott D. Cook

“Down cycles are not fun. But they form the basis for enormous future profitability”

Form Fun Bases Enormous Cycles Profitability

Author:Stephen A. Schwarzman

“When the tide goes out, you get to see who's swimming naked. PIMCO has had its bathing suit on for a long time”

Long Long Time Naked Suits Swimming Tides Bathing Bathing Suits

Author:Bill Gross

“A lot of people with high IQs are terrible investors because they've got terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success”

People Needs Kind Important Certain Loss Ability Emotion Brain Crazy Discipline Terrible Adversity Extremes Driven Investors Irrational Temperament Going Crazy

Author:Charlie Munger

“In investment management today, everybody wants not only to win, but to have a yearly outcome path that never diverges very much from a standard path except on the upside. Well, that is a very artificial, crazy construct. That's the equivalent in investment management to the custom of binding the feet of Chinese women”

Want Wells Today Winning Path Feet Crazy Standards Management Investment Chinese Outcomes Customs Artificial Constructs Binding Investment Management

Author:Charlie Munger

“Patience and discipline can make you look foolishly out of touch until they make you look prudent and even prescient”

Looks Discipline Prudent

Author:Seth Klarman

“Finding patterns is easy in any kind of data-rich environment; that's what mediocre gamblers do. The key is in determining whether the patterns represent signal or noise”

Kind Easy Rich Environment Keys Findings Patterns Noise Data Mediocre Signals

Author:Nate Silver

“I believe I do much better for the time being by first copying some good things than by working without that foundation”

Firsts Believe I Believe Foundation Good Things Copying

Author:Vincent Van Gogh

“The value of a thing sometimes lies not in what one attains with it, but in what one pays for it - what it costs us”

Sometimes Lying Values Pay Cost

Author:Friedrich Nietzsche

“Does the logic connect? What are the range of probably outcomes? You want to figure out what those probabilities are and ideally be the House. It's fine to gamble, as long as you're the House. Also, listen to critical feedback, particularly from friends. Generally they will be thinking it but they won't tell you.”

Thinking Want Long Doe House Figures Fine Logic Critical Range Outcomes Probability Feedback Gamble

Author:Elon Musk