A Quote by Stanley Druckenmiller
Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough about his ability to win on other trades that he can easily walk away from the position.
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Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough about his ability to win on other trades. There are a lot of shoes on the shelf; wear only the ones that fit. If you're extremely confident, taking a loss doesn't bother you.
People tend to think about trade as if it's competition between companies - if Apple wins, Google loses. But that's false. Trade makes nations better off in general. Now, I want to be clear. I'm not saying that everything about trade is good and beneficial. Trade also has costs.
The American people want to make sure that the rules of the game are fair. And what that means is that if you look at surveys around Americans' attitudes on trade, the majority of the American people still support trade. But they're concerned about whether or not trade is fair, and whether we get the same access to other countries' markets that they have with us. Is there just a race to the bottom when it comes to wages, and so forth.
You know when a person goes into the ring to win, or at least not to lose. I mean, when a fighter is ready and goes to fight, than it can be seen by his look. Regardless of whether he gets hit or not, he goes forward, and regardless of whether he wins or loses, he wants to go forward, and it is clear from his burning eyes.
For a small country like Norway, it's important for our ability to trade and to invest across borders that we have fair trade and that we have multilateral trade systems, also.
As history has repeatedly proven, one trade tariff begets another, then another - until you've got a full-blown trade war. No one ever wins, and consumers always get screwed.
I feel this way about it. World trade means world peace and consequently the World Trade Center buildings in New York ... had a bigger purpose than just to provide room for tenants. The World Trade Center is a living symbol of man's dedication to world peace ... beyond the compelling need to make this a monument to world peace, the World Trade Center should, because of its importance, become a representation of man's belief in humanity, his need for individual dignity, his beliefs in the cooperation of men, and through cooperation, his ability to find greatness.
Winning is irrelevant when you’re 11 or 12 years old. It really is it. At youth tournaments, I look at the technical ability of the players. Whether the team wins or loses - I don’t care.
My fellow economists and academics fail to understand the economics of trade in the real world. Traditional models of academia respect free trade without considering whether it is fair trade.
Yes to trade, but trade that ensures that these other countries that trade with us aren't engaging in child labor.
Most private traders on a losing streak keep trying to trade their way out of a hole. A loser thinks a successful trade is just around the corner, and that his luck is about to turn. He keeps putting on more trades and increases his size, all the while digging himself a deeper hole in the ice. The sensible thing to do would be to reduce your trading size and then stop and review your system.
One said a tooth drawer was a kind of unconscionable trade, because his trade was nothing else but to take away those things whereby every man gets his living.
Three year sof unconditional MFN have not lead to any subtantial improvement in human rights, trade and nuclear proliferation practice of the Chinese government. In addition to the trade barriers, China has marred our trade relationship wit prison labor or export and other unfair trade practices.
I actually do not believe that Trump is anti-trade as such. He himself was a life-long trader in his own area, the real estate sector. And hasn't he just closed an arms deal with the Saudis valuing over $100 billion? The difference is that Trump sees trade as something with a winner and a loser. This seems to be a theme of his, and that makes us different. For us, trade is something where both sides win.
The Trans-Pacific Partnership trade agreement is a continuation of other disastrous trade agreements, like NAFTA, CAFTA, and permanent normal trade relations with China.
This is not about trade, no one is a stronger supporter of capitalism and trade than I am. This is about sovereignty and whether a country has the right to set its own public health policies.
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