Worldly Wisdom

George Soros attributes his effectiveness as an investor to his philosophical views about the contingent nature of human knowledge: “I think that my conceptual framework, which basically emphasises the importance of misconceptions, makes me extremely critical of my own decisions … I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.”

(Source: http://www.ft.com/cms/s/2/9553cce2-eb65-11dd-8838-0000779fd2ac.html?ftcamp=Late_headline3/NL/APFeb2009/Vanilla_soros/0/)