"When you wake up in the morning, you must really wake up totally-physically and mentally. Otherwise, don't bother with the day."

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Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough about his ability to win on other trades. There are a lot of shoes on the shelf; wear only the ones that fit. If you're extremely confident, taking a loss doesn't bother you.

— Stanley Druckenmiller