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— Hedy Lamarr"Making pictures, for an actress, is like betting, for a gambler. Each time you make a picture you try to analyze why you won or lost."
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Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
— George Soros
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To us, investing is the equivalent of going out and betting against the pari-mutuel system. We look for a horse with one chance in two of winning, and that pays three to one. In other words, we're looking for a mispriced gamble. That's what investing is, and you have to know enough to know whether the gamble is mispriced.
— Charlie Munger
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