“The way to make money is to identify the trend whose premise is false, then bet against it”
Entry in progress—B.P.
Wikipedia: George Soros
George Soros (/ˈsɔroʊs/ or /ˈsɔrəs/; Hungarian: Soros György; Hungarian: [ˈʃoroʃ]; born August 12, 1930, as Schwartz György) is a Hungarian-American business magnate, investor, and philanthropist. He is the chairman of Soros Fund Management. He is known as “The Man Who Broke the Bank of England” because of his US$1 billion in investment profits during the 1992 Black Wednesday UK currency crisis.
Google Groups: news.admin.net-abuse.sightings
[Email] UCE/investment fraud:WHAT THE FED CAN’T DO (Broadwing)
James Vipond
6/4/01
(...)
The way to make money, says George Soros, is to find the trend whose premise is false and bet against it.
Google Books
Financial Reckoning Day:
Surviving the Soft Depression of the 21st Century
By Will Bonner and Addison Wiggin
Hoboken, NJ: John Wiley & Sons, Inc.
2003
Pg. 150:
The way to make money, according to George Soros, is to find the trend whose premise is false and bet against it.
Asia Times Online
Oct 11, 2007
The Rodney Dangerfield of commodities
By The Mogambo Guru
(...)
I bring this up because a quote of his appeared in a Cryptoquote puzzle in my local newspaper, and it is what seems to be the precursor to George Soros’ famous dictum to “Identify the trend whose premise is false, and then bet against it.”
Wall Street Bear Discussion Board
Re: “Find the trend whose premise is false, and bet against it.” - George Soros
HCQ Strut - Sat, Nov 13, 2010 - 03:57 PM
”(I) predict that the US dollar will be one of the only safe places to store your wealth. ”
LewRockwell.com
A Shining Gift From The ESF
By Richard Daughty
The Mogambu Guru
October 10, 2013
(...)
It was George Soros who famously said “The way to make a lot of money is to identify the trend whose premise is false, and then bet against it.”