DAILY WALL STREET WISDOM · #039
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“It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.”
🇺🇸George Soros
Founder, Soros Fund Management
WHO SAID IT
🇺🇸 George Soros
Founder, Soros Fund Management
WHAT IT MEANS
Asymmetric risk-reward is the key to great returns. Position sizing and risk management matter far more than your batting average. A single well-sized winning trade can make up for many small losses.
risk