GEORGE SOROS

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.

I'm only rich because I know when I'm wrong.

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

Once we realize that imperfect understanding is the human condition, there is no shame in being wrong — only in failing to correct our mistakes.

The worse a situation becomes, the less it takes to turn it around.

Stock market bubbles don't grow out of thin air. They have a solid basis in reality — but reality as distorted by a misconception.