“Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited.”
Quote by George Soros
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“This crisis has the potential to be a lot worse than Lehman Brothers.”
“My approach works not by making valid predictions but by allowing me to correct false ones.”
Source: The Alchemy of Finance: Reading the Mind of the Market
“Markets can influence the events that they anticipate.”
Source: The Alchemy of Finance: Reading the Mind of the Market
“There is no point in being confident and having a small position.”
