4 George Soros Quotes on Risk

George Soros quotes on risk

6. Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

76. The greater the uncertainty, the more people are influenced by the market trends; and the greater the influence of trend following speculation, the more uncertain the situation becomes.

78. You attain superior long-term returns through preservation of capital and home runs. I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

80. I've learned many things from him, but perhaps the most significant is that it's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong.