The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
George SorosWhen a long-term trend loses itโs momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.
George SorosMy approach works not by making valid predictions but by allowing me to correct false ones.
George SorosWhen you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.
George Soros