Money and Finance
Colm O’Shea quote (implementation, flexibility, and George Soros)
From the book Hedge Fund Market Wizards:
“You need to implement a trade in a way that limits your losses when you are wrong, and you also need to be able to recognize when a trade is wrong. George Soros has the least regret of anyone I have ever met. Even though he will sometimes play up to his public image as a guru who knows what is going on, it is in no sense what he does as a money manager. He has no emotional attachment to an idea. When a trade is wrong, he will just cut it, move on, and do something else.”
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Quote About George Soros...
I thought the quote below was a great thought, and really distinguishes the difference between the investing styles of someone like Warren Buffett and someone like George Soros, both of whom were wildly successful doing it their own way. This is from...
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U.s. Funds Score Big By Betting Against Yen
Thanks to Will for passing this along. Some of the biggest U.S. hedge-fund investors have made billions betting against the yen, exploiting Japan's determination to weaken its currency and boost its economy. Wagering against the yen has emerged as...
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Ray Dalio Quote
“The type of thinking that is necessary to succeed in the markets is entirely different from the type of thinking that is required to succeed in school….Most school education is a matter of following instructions—remember this; give it back; did...
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Bloomberg Interview With George Soros (video)
June 25 (Bloomberg) -- Billionaire investor George Soros speaks about Europe's sovereign-debt crisis. Soros called on Europe to start a fund to buy Italian and Spanish bonds, warning that a failure by leaders meeting this week to produce drastic measures...
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George Soros On The Coming U.s. Class War
Whenever reading Soros’ market thoughts, it’s good to keep in mind that he maintains the flexibility to change his mind on a dime. And to keep in mind what Hugh Hendry said about him in The Invisible Hands: “Take Soros and the insights he generously...
Money and Finance