George Soros on failure

Most of the time we are punished if we go against the trend. Only at an inflection point are we rewarded.

An open society is always in danger. It must constantly reaffirm its principles in order to survive.

Stock market bubbles don’t grow out of thin air. They have a solid basis in reality — but reality as distorted by a misconception.

I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. And I have failed over and over and over again in my life. And that is precisely why I succeed.

Michael Jordanborn 1963

Obstacles don’t have to stop you. If you run into a wall, don’t turn around and give up. Figure out how to climb it, go through it, or work around it.

Michael Jordanborn 1963

Good judgment comes from experience. Experience comes from bad judgment.

Nasreddin1208–1284Often credited to Jim Horning

• Experience