A Quote by George Soros

Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.

George Soros

Quote Topics

Decision Hypothesis Investment Like Making Practical Scientific Test

Quote Author

George Soros
Hungarian - Businessman
Born: August 12, 1930

Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.

George Soros

But I should be very sorry if an interpretation founded on a most conjectural scientific hypothesis were to get fastened to the text in Genesis... The rate of change of scientific hypothesis is naturally much more rapid than that of Biblical interpretations, so that if an interpretation is founded on such an hypothesis, it may help to keep the hypothesis above ground long after it ought to be buried and forgotten.

James Clerk Maxwell

However the machine would permit us to test the hypothesis for any special value of n. We could carry out such tests for a sequence of consecutive values n=2,3,.. up to, say, n=100. If the result of at least one test were negative, the hypothesis would prove to be false; otherwise our confidence in the hypothesis would increase, and we should feel encouraged to attempt establishing the hypothesis, instead of trying to construct a counterexample.

Alfred Tarski

The scientific discovery appears first as the hypothesis of an analogy; and science tends to become independent of the hypothesis.

William Kingdon Clifford

It appears, then, to be a condition of a genuinely scientific hypothesis, that it be not destined always to remain an hypothesis, but be certain to be either proved or disproved by.. .comparison with observed facts.

John Stuart Mill

The Gaia Hypothesis of James Lovelock [and Lynn Margulis] puts forward a scientific view of the living Earth, which in one respect is modern, empherical, scientific, in another respect re-awakens an ancient archetype, which in fact is so clearly suggested by the very name of the hypothesis, Gaia, the Greek name for Mother Earth.

Rupert Sheldrake

Global warming has long since passed from scientific hypothesis to the realm of pseudo-scientific mumbo-jumbo.

David Deming

The first objection to Darwinism is that it is only a guess and was never anything more. It is called a "hypothesis," but the word "hypothesis," though euphonious, dignified and high-sounding, is merely a scientific synonym for the old-fashioned word "guess." If Darwin had advanced his views as a guess they would not have survived for a year, but they have floated for half a century, buoyed up by the inflated word "hypothesis." When it is understood that "hypothesis" means "guess," people will inspect it more carefully before accepting it.

William Jennings Bryan

A hypothesis is empirical or scientific only if it can be tested by experience. A hypothesis or theory which cannot be, at least in principle, falsified by empirical observations and experiments does not belong to the realm of science.

Francisco J. Ayala

One finds the truth by making a hypothesis and comparing observations with the hypothesis.

David Douglass

In a large pharmaceutical company, where it's a big bet, you're going to need finance people to be involved in the decision-making because the investment can run into the hundreds of millions of dollars. You're going to have to run scenarios. You might even need agreement from the C.E.O. to make that type of decision. If it's an incremental, low-cost decision in a marketing-oriented company, it may be a very different set of stakeholders a lot further down in the organization.

John Kao

I do not yet want to form a hypothesis to test, because as soon as you make a hypothesis, you become prejudiced. Your mind slides into a groove, and once it is in that groove, has difficulty noticing anything outside of it. During this time, my sense must be sharp; that is the main thing - to be sharp, yet open.

Bernd Heinrich

The sad truth is that it is precisely those who disagree most with the hypothesis of efficient market pricing of stocks, those who pooh-pooh beta analysis and all that, who are least able to understand the analysis needed to test that hypothesis.

Paul Samuelson

One of our Constitution's greatest virtues is that it looks to judges as a source of reasoned, practical, rights-minded decision making.

Neal Katyal

I think the most significant change in my life is the decision to do a series. An hourlong dramatic television series on a broadcast network swallows you and chews you up and refuses to spit you out. You're making a decision that's going to be a profound and significant impact on the practical aspects of your life.