Posts Tagged ‘betting’

George Soros: Betting Unexpected

Posted by admin on Monday, January 10, 2022

George Soros Money Quote saying the stock market is volatile and unpredictable and money is made on unexpected bets. George Soros said:
 
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected Quote
 

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected” — George Soros

 

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Warren Buffett: Commodities Bet

Posted by admin on Friday, May 22, 2020

Warren Buffett Money Quote saying that commodities require an increase in value over time to be profitable, whereas other investments produce ongoing income. Warren Buffett said:
 
The commodity itself isn't going to do anything for you… it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time Quote
 

“The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn’t going to do anything for you… it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time” — Warren Buffett

 

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