9. What is his secret of success?
From living in hiding, having no money, working odd jobs, to becoming a billionaire, how did George Soros do it? He did not inherit any money. And he did not have the luxury of supports to help him bloom in financial market.
Many people can get a job at a brokerage house. But only a few can be this successful. If you look back at Soros’s investment moves, you will see how bold they were. That is what makes him different from regular hedge fund managers.
Of course, simply making bold moves will not guarantee you to be successful. You have to make them based on adequate knowledge and calculation. And Soros has been doing exactly that.
He reads the market and calculates its possibilities based on his broaden knowledge. Then, when he sees opportunity, he would go for it without holding back. In other words, we can say that his secret of success is to dare to invest smartly.
