Admitting Quote by George Soros
“I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.”
About This Quote
Source Interview: Financial magazine feature, 2018
Success comes from humility, learning from errors, and seizing new chances quickly.
In simple terms: Humility and quick adaptation lead to success.
Key Takeaway
Embrace mistakes and move fast to new opportunities.
Themes
humility
adaptability
risk-taking
Mood
pragmatic
confident
Type
advisory
motivational
When to use this quote
- Trading
- startup pivots
- career transitions
Key Concepts
Learning loops
market dynamics
entrepreneurship
Questions to Reflect On
- How do you balance speed with thorough analysis?
- What habits foster rapid learning?
A Different Perspective
May downplay the role of luck.
![“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)
