Strategy

George Soros名言錄

「If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.」



假如投資是一項娛樂，那麼樂在其中的人很可能賺不到錢，因為好的投資是很無趣的。



「I’m only rich because I know when I’m wrong, I basically have survived by recognizing my mistakes.」



因為我可以在我了解我犯錯時勇於承認錯誤，所以我富裕了。



「The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.」



金融市場是不可預測的，因為有很多可能性的發展劇本，如果你能預測將會發生什麼，那倒是和我看市場的方式互相矛盾。



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



市場總是處於不確定和動蕩之中。忽視顯而易見的事件，押注人們意料之外的事情，這樣才能賺錢。



「The worse a situation becomes, the less it takes to turn it around, and the bigger the upside.」



當市場氣氛變得更糟糕時，出現轉機的機會愈大，潛在的漲幅也會更可觀。



「Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality is distorted by a misconception.」



股市泡沫絕不會憑空出現，它們來自於穩固根據的現實，不過這個事實卻因為某種誤解而被扭曲。



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



很不幸的，越複雜的系統，出錯的機率越高。



「The hardest thing to judge is what level of risk is safe.」



最難的事情是判斷什麼樣的風險是安全的。



「Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.」



做出一個投資決策像是提出一個科學的假說，並且做一個實際的測試，主要的區別在於，成為一個投資決策的假設基礎的目的是為了賺錢，而不是建立一個普遍有效的概念。



「We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of making money.」



我們試圖抓住新趨勢的初期和中後期，試圖抓區趨勢反轉，因此，我們傾向穩定而非動搖市場，我們不是在做公共服務，這就是我們賺錢的模式。



很多道理，知道，卻很難做到