"Looked at markets as a casino where people act as gamblers and where their behavior can be understood by studying gamblers. He regularly made small amounts of money trading on that theory. There was a flaw in his approach, however. If there is a ... tide ... he can be seriously hurt because he doesn't have a proper fail-safe mechanism."
By George Soros, A Hungarian-American currency speculator, stock investor, businessman, philanthropist, and political activist
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