Wednesday, February 23, 2011

Money Wisdom #003

"... it is not present expectations that correspond to future events but future events that are shaped by present expectations."
George Soros The Alchemy of Finance (1987)
Quoted in Naill Ferguson The Ascent of Money (1994) (p.316)

Not the catchiest of phrases to be sure, but when Soros speaks you'd be wise to listen. Money, time and belief; you could spend a lot of time trying to explain how and why you feel like you do about them :o)

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