Short term volatility is greatest at turning points and diminishes as a trend becomes established.
GEORGE SOROSThe hardest thing to judge is what level of risk is safe.
More George Soros Quotes
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I chose America as my home because I value freedom and democracy, civil liberties and an open society.
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Studying economics is not a good preparation for dealing with it.
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Market prices are always wrong.
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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
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The hardest thing to judge is what level of risk is safe.
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If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one’s conceptions and what one does about them. Life can be seen as a fertile fallacy.
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The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
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Market prices are always wrong in the sense that they present a biased view of the future.
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My main concern is with the world order.
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If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
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Misconceptions play a prominent role in my view of the world.
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Markets can influence the events that they anticipate.
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Increase your bets when you are confident and scale down your positions when you don’t have conviction.
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Discount the obvious, bet on the unexpected.
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The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
GEORGE SOROS