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A documentary photograph is not a factual photograph.

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George Soros

The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).

Economics, Exercise, Investing, Real, Relevance, World
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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.

Wall, Assuming, Streets, Start, Wrong

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.

Long, Momentum, Crowds, See, Disoriented, Rise

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

Actually, Divergence, Exists, Perception

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

Making Money, Rich, Knows, Know, Wrong

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

Errors, Insecurity, Ready, Correct, Sense
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