Soros’s famous sayings

1. People think that I will not go wrong, this is a misunderstanding. I candidly say that I have made as many mistakes as anyone else, but my superman is that I can recognize my mistakes. This is the secret of success.

2. The key to my insight lies in: recognizing the inherent errors of human thought. The financial market is turbulent, chaotic, and disorderly. Only by identifying the affair can it be unfavorable. If the financial market's every move is taken as part of a mathematical formula, it will not work. Mathematics can't control financial markets, and psychological factors are the key to controlling the market. Rather, it is only by grasping the instinct of the people that the market can be controlled. It is necessary to know when and how people will gather around a certain stock, currency or commodity, and investors will succeed.

3. When you are right, you have the courage to be a pig.

4. People's understanding of things is not complete, and thus affects the integrity of things themselves, and draws the opposite view of popular ideas. Popular prejudice and dominant trends reinforce each other until the distance between the two is too large to cause a catastrophe. This is something you should pay special attention to, and it is very likely that there will be a sharp rise and fall.

5. To win the stock market, first defeat yourself. For others, making mistakes is a source of shame. Never want to admit mistakes. For me, admitting mistakes is something to be proud of. I can admit mistakes and forgive others for making mistakes. This is the basis for my harmonious work with others. There is nothing to be ashamed of making mistakes. It is a shame to know if you don’t change.

6. A really good investor is not whether he is always a big winner in the market, but whether he has the courage to stand up from every failure and become stronger.

7. Only when you are far away from the market can you see the market more clearly. Those who keep the market every day will eventually be dominated by every subtlety in the market, and eventually they will lose their direction and be fooled by the market. .

8. The signal at the end of the bull market is a series of fundamental changes.

9. There are very few friends, and there is not much money. What can I do in this field? I want to do everything possible to live!

10. Exit in time before the delay is dismantled.

11. I am not interested in making a lot of money. I just use the operation to prove that my philosophy is right.

12. Investment is an excuse for speculation.

13. I will never take risks, take the risk of destroying myself, but I will never stand on the sidelines when I am profitable.

14. In general, my main position in understanding something is to focus on the role of imperfect cognition in the formation of things. The traditional economic theory is based on the theory of balance. In balance, the need to be equal to supply, but if you can recognize the important role of imperfect understanding, you will understand that what you are dealing with is actually an imbalance.

15. Stocks will only rise when market conditions are ripe.

16. Once you find the opportunity, step on both feet.

17. Intuition is the main basis for investment. In the market, you have to be prepared to endure the pain.

18. There is no such thing as a problem in the world, only an opportunity.

19. As a market participant, I am concerned with the market value, that is, the pursuit of maximum profit; as a citizen, I am concerned with social values, namely human peace, freedom of thought and social justice.

20. Never betray. Market trends do not necessarily reflect the nature of the market, but rather reflect investors' expectations of the market. Maybe the party is over, but there are still people dancing.

21. In terms of financial operations, it is not moral or moral. This is only the general operation in the future. Financial markets are not moral, where morality does not exist at all because it has its own rules of the game.

22. Investment itself is not risky, and out-of-control investments are risky.

23. Money management is always a way of thinking, not a simple technique.

24. The market is stupid and you don't have to be too smart. I hope that everyone will seize the opportunity, just keep vigilant and not be swallowed by madness. When others are clear, they learn to be confused. When everyone is confused, they must be awake in advance!

25. In the capital market, the rate of return is only a symbol, and it is not just wisdom and strength that constitute this symbol, but more importantly courage and confidence.

26. Survive first and make money again.

27. I am not afraid of anything, not afraid to lose money, but I am afraid of uncertainty.

28. You can't call a career without risk, but it's important to know where there are risks and leave a way out and a way to live.

29. Market prices are generally wrong because they provide not a rational view of the future, but a biased view.

30. My special feature is that I don't have a special investment style. More precisely, I am constantly changing my style to adapt to different conditions. I am not playing cards according to the existing rules, but seeking changes in the rules of the game.

31. In the capital market, the rate of return is only a symbol, and it is not only wisdom and strength that constitute this symbol, but more importantly courage and confidence.

32. If you are not prepared to endure the pain, then leave, don't expect to be a regular victory general, to be successful, you must be cold!

33. When there is a turning point in the giants, choose the worst performing stock in the worst industry.

34. If I want to buy a $300 million stake, I will only buy $5,000 at the beginning. Invest first, then observe.

35. It is not terrible to know what will happen in the future. What is terrible is not knowing what to do when it happens.

36. Take risks and be blameless, but at the same time remember that you should never bet on! Don't cringe when you have a chance to make a profit.

37. When you are sure of a deal, give the other party a fatal blow, that is, not enough to get it, to get as much as possible.

38. The most important thing is the character. Financial speculation requires a lot of risk, and unethical people are not willing to take risks. Such people are not suitable for high-risk speculation.

39. Anyone who is engaged in an adventurous business but cannot face the consequences is not a good person. In the team, the investment style can be completely different, but the character must be reliable.

40. Fools and his money are popular everywhere.

41. Fundamentally, all our views on the world are, to a certain extent, flawed and distorted.

42. Market participants are not only biased in their operations, but such prejudice affects the development of events. Market prices are not correct because they ignore the potential for future development and the imminent impact.

43. If the operation is excessive, even if the market is judged correctly, it will still fail.

44. It is the greatest secret to gain insight into the industry and see what is not seen.

45. Operation is like the forest law of the animal world, which specifically attacks the weak. This practice can often be done in a hundred ways.

46. ​​The stock market is usually untrustworthy, so if you follow other people in the Wall Street area, then your stock business is destined to be very bleak.