Authors:

The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.

George Soros, Byron Wien, Krisztina Koenen (1995). “Soros on Soros: Staying Ahead of the Curve”, p.12, John Wiley & Sons
The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.