A Quote by George Soros

The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.
When we deal in generalities, we shall never succeed. When we deal in specifics, we shall rarely have a failure. When performance is measured, performance improves. When performance is measured and reported, the rate of performance accelerates.
Perhaps the most promising trend in our thinking about leadership is the growing conviction that the purposes of the group are best served when the leader helps followers develop their own initiative, strengthens them in the use of their own judgment, enables them to grow, and to become better contributors.
Those who have no absolute values cannot let the relative remain merely relative; they are always raising it to the level of the absolute.
The culture in which you parent, mentor, or educate boys exhorts them to be individualistic and group-oriented at once, but does not give them a tribal structure in which to accomplish both in balance. It used to be that the tribe formed a boy's character while the peer group existed primarily to test and befriend that character. Nowadays, boys' characters are often formed in the peer group. Mentors and intimate role models rarely exist to show the growing boy in any long-term and consistent way how both to serve a group and flourish as an independent self.
Success is not rightly measured by wealth, prestige and power. Success is measured by the yardstick of happiness.
Your peer group are people with similar dreams, goals and worldviews. They are people who will push you in exchange for being pushed, who will raise the bar and tell you the truth. They're not in your business, but they're in your shoes. Finding a peer group and working with them, intentionally and on a regular schedule, might be the single biggest boost your career can experience.
Unless an investor has access to “incredibly high-qualified professionals,” they “should be 100 percent passive - that includes almost all individual investors and most institutional investors.
Money has, as we know, no value in itself. It is a convenient yardstick for a large number of material values. But the health and life of an individual as well as the health of a nation cannot be measured by that yardstick. If we, entrusted with protecting and defending the health of the population, give in to a salesman's scale of values we are lost.
If you are building a culture where honest expectations are communicated and peer accountability is the norm, then the group will address poor performance and attitudes.
There is no absolute up or down, as Aristotle taught; no absolute position in space; but the position of a body is relative to that of other bodies. Everywhere there is incessant relative change in position throughout the universe, and the observer is always at the center of things.
Peer-to-peer lenders originally sought to attract retail investors to its loan marketplace, but the lack of high-returning assets elsewhere in the market has made these platforms increasingly attractive to major asset managers and hedge funds.
If the Russians have gone too far in subjecting the child and his peer group to conformity to a single set of values imposed by the adult society, perhaps we have reached the point of diminishing returns in allowing excessive autonomy and in failing to utilize the constructive potential of the peer group in developing social responsibility and consideration for others.
For investors who do want to speculate in high-yield bonds, one alternative may be a junk bond mutual fund, which can offer investors the relative safety of diversification.
Trends die. That's the natural thing about a trend. It's natural for people to be followers and be sheep and go with a trend.
You can't relate to an absolute or it wouldn't be absolute, it would be relative. On an intellectual level, that's easy. However, you hear theologians in the theistic traditions talk about absolute God, and I saw God, or God spoke; speaking, being seen, these are all relational things. So what is absolute about such a being, wouldn't actually be absolute.
Being a CEO still means sitting across the table from big institutional investors and showing your leadership and having them believe in you.
This site uses cookies to ensure you get the best experience. More info...
Got it!