Discounts Quote by George Soros
“Discount the obvious, bet on the unexpected”
About This Quote
Source Speech: Economic Forum, 1998
Ignore obvious trends; invest in surprising, unconventional opportunities.
In simple terms: Bet on the unexpected, not the obvious.
Key Takeaway
Seek hidden opportunities.
Themes
finance
investment
strategy
Mood
analytical
cautious
Type
advice
strategic
When to use this quote
- stock market
- venture capital
- startup funding
Key Concepts
risk assessment
innovation
Questions to Reflect On
- What data supports unconventional choices?
- How to manage potential losses?
A Different Perspective
Unexpected bets can be riskier and harder to justify.
![“I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to fight or [take] flight. When [I] make the decision, the backache goes away.” quote by George Soros](https://sms4smile.com/quotes/img-quotes/d1e/george-soros-1593_backache_i-very-often-used-to-get-backaches-due-t_38205.jpg)
![“We [at Soros Fund Management] use options and more exotic derivatives sparingly. 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…” quote by George Soros](https://sms4smile.com/quotes/img-quotes/f33/george-soros-1593_customer_we-at-soros-fund-management-use-options_113322.jpg)
