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George Soros' Quick Fortune- Knowledge or Luck?
Date Submitted: 09/10/2006 05:55:18
Length: 2 pages (539 words)
Views: 84670
George Soros Everyone wants to be part of a get rich quick scheme. For most people, this never happens but for George Soros it happened almost overnight. Ever since he has made his quick fortune there has been a debate about whether it was strategy or just plain luck. My opinion is that it was a little bit of both. Anyone who had invested $1,000 in George Soros' Quantum Fund when it jumped out of the …
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…hasn't found it. Once he knows the flaw, he's at ease. He's got his edge. All of this contributes to the reason why I think he has strategy as well as luck. You have to have some understanding of the market before investing. It isn't all luck. But, isn't the market all about taking chances to get rich anyway? Works Cited: Soros, George. "The Age of Fallibility: Consequences of the War on Terror." 12 June 2006. 15 June 2006.
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