In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that … - George Soros

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I don't like being too looked up at or too looked down on. I prefer meeting in the middle to being worshipped or spat out.

George Soros

In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom
bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.

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Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you're doomed to do poorly.

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When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.

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There is always a divergence between our perception and what actually exists.

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

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My sense of insecurity keeps me alert, always ready to correct my errors.

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