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George Soros Quotes: It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong
         

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong


George Soros
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Other quotes of George Soros


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

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



I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.



There is no point in being confident and having a small position.

There is no point in being confident and having a small position.



To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.



The main obstacle to a stable and just world order is the United States.

The main obstacle to a stable and just world order is the United States.



Now that I have called you on your false accusation, you are using additional smear tactics.

Now that I have called you on your false accusation, you are using additional smear tactics.



Esperanto was a very useful language, because wherever you went, you found someone to speak with.

Esperanto was a very useful language, because wherever you went, you found someone to speak with.



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

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



The sovereignty of states must be subordinated to international law and international institutions.

The sovereignty of states must be subordinated to international law and international institutions.



Unfortunately, the more complex the system, the greater the room for error.

Unfortunately, the more complex the system, the greater the room for error.





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I don't want you to go." She reached up to touch his face and pull him down to her. "I want this, Rain. I want you.

I don't want you to go." She reached up to touch his face and pull him down to her. "I want this, Rain. I want you.



Happiness and achieving our dreams is a matter of believing it is possible and having a positive frame of mind.

Happiness and achieving our dreams is a matter of believing it is possible and having a positive frame of mind.



How sick one gets of being "good," how much I should respect myself if I could burst out and make everyone wretched for twenty-four hours; embody selfishness.

How sick one gets of being "good," how much I should respect myself if I could burst out and make everyone wretched for twenty-four hours; embody selfishness.



Illegal immigrants are already a very big problem for us. We are already taking big steps to disallow illegal immigrants from coming in.

Illegal immigrants are already a very big problem for us. We are already taking big steps to disallow illegal immigrants from coming in.



Trenches, hospitals, the common grave--there are no other possibilities.

Trenches, hospitals, the common grave--there are no other possibilities.



It's so hard, because everyone's got a camera-phone, and everyone wants to get their picture on the blogs. So they'll send anything that they have to the blogs. So you don't really get any privacy.

It's so hard, because everyone's got a camera-phone, and everyone wants to get their picture on the blogs. So they'll send anything that they have to the blogs. So you don't really get any privacy.



They can't scare me, if I scare them first.

They can't scare me, if I scare them first.



I am too dark in my heart tonight.

I am too dark in my heart tonight.



Books are good enough in their own way, but they are a poor substitute for life.

Books are good enough in their own way, but they are a poor substitute for life.



I don't like piano solos.

I don't like piano solos.




Quote Description


This page presents the quote "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong". Author of this quote is George Soros. This quote is about money, saving, important, business,.