Train Yourself To Look At The Dark Side

wealthymatters“Recognising a problem is an invitation to do something about it. That is the main lesson I learned from the formative experience of my life, in 1944, when the Nazis occupied Hungary. I might not have survived if my father hadn’t secured false identification papers for his family (and many others). He taught me that it’s much better to face harsh reality than to close your eyes to it. Once you are aware of the dangers, your chances of survival are much better if you take some risks than if you meekly follow the crowd. That is why I trained myself to look at the dark side. It has served me well in the financial markets and it is guiding me now in my political philanthropy. As long as I can find a winning strategy, however tenuous, I don’t give up. In danger lies opportunity. It’s always darkest before dawn. ” – George Soros

On Index Funds

wealthymattersIndex funds are based on  the random walk theory. The proponents hold that it’s impossible to outperform the market without assuming additional risk.

Critics of the theory, however, contend that stocks do maintain price trends over time – in other words, that it is possible to outperform the market by carefully selecting entry and exit points for equity investments.

Four hundred seventy-three million to one. Those are the odds against George Soros compiling the investment record he did as manager of the Quantum Fund from 1968 through 1993. His investment record is the most unimpeachable refutation of the random walk hypothesis ever!

The Alchemy Of Finance

How George Soros Made Over A Billion Dollars On One Day

Here’s the video to watch if you’d like to know how George Soros broke the Bank of England, and made over $1Billion in the process ,on 16 September,1997.


Learn This From Soros


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