A Quote by George Soros
Increase your bets when you are confident and scale down your positions when you don't have conviction.
Related Quotes
Horsemanship should be fun. By learning how to control your horse in any situation, your confidence will greatly increase. When you're confident, you can relax and enjoy your partnership.
Always hedge your bets. That's how I do it. I lay all my bets on what I can contribute, and suffer no illusions that I'm generating stuff by myself.
Activity equals results. If you want to increase your success, increase your activity. Increase contact with customers. The more people you contact, the higher your sales will be because of the law of probabilities.
What I learned at LucasArts was, you don't make your bets on ideas: ideas are cheap. You make your bets on people.
There are two ways to increase your wealth. Increase your means or decrease your wants. The best is to do both at the same time.
You cannot increase the quality or quantity of your achievement or performance except to the degree in which you increase your ability to use your time effectively.
There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.
Learning is the first step in making positive changes within yourself. Other factors are conviction, determination, action & effort. Learning & education help develop conviction about the need to change & increase your commitment. Conviction then develops into determination. Next, strong determination leads to action: a sustained effort to implement the changes. This final factor of effort is critical.
Happiness has nothing to do with what you have or don't have. Happiness is related to what you are. However many things you may collect, perhaps they may increase your worries, your troubles, but happiness will not increase because of them. Certainly unhappiness will increase with them, but they have no relation to an increase in your happiness.
It's so easy to practice out of context. For example, if you're learning a scale, you take that scale and you sit in your room and you go up and down the fretboard, over and over. You've gotta do that, because you need to get that scale working. But you have to keep in mind that that's not the finished product. That's the starting point.
Your pursuit of personal greatness challenges others to fear for their own causes, their own battles and pursuits. Your freedom is a reminder of their own imaginary restraints and limitations. Yet, for others, your confidence will be a beacon. People follow conviction, assertive advice and brave leaders, and there's nothing more powerful than a confident man or woman.
Bring your desires down to your present means. Increase them only when your increased means permit.
People feel like if they don't have a voice or a name or the spotlight, then they're invisible. But if you can't wake up in your world, in your life, with your family and your friends, and enjoy it, then forget it. All bets are off, because that's all anybody is guaranteed.
Marinate in your own being, grow in your wisdom, mature in understanding, be firm in your conviction, be strong in your Self.
Candidates [Hillary Clinton and Donald trump], we look forward to hearing you articulate your policies and your positions, as well as your visions and your values.
Place bets on your dreams and be your own hero!
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