Famous quotes from the greatest traders of all time, George Soros
We believe we do not need to introduce the great trader George Soros, famously known as “The Man Who Broke the Bank of England” because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion during the 1992. Here are our top 5 best quotes from him.
Quote 1: “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.”
Quote 2: “I’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.”
Quote 3: “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 4: “There is no point in being confident and having a small position.”
Quote 5: “If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.”