In Battle As In Investing
Thursday, May 31, 2007 - FreeMarketNews.com
Whether on the military battlefield or the market trading floor, the winners are usually those who have thought out their strategies beforehand and have then stayed with them in the heat of conflict – while remaining flexible in the process.The late Dwight David Eisenhower, Supreme Commander of Allied Forces for the Normandy landings in WW II, remarked accurately: "In planning for battle, I have always found that plans are useless, but planning is indispensable."Controversial George Soros, famous for his historic shorting strategy against the British Pound advised that “The market always destroys the weak."
Whether on the military battlefield or the market trading floor, the winners are usually those who have thought out their strategies beforehand and have then stayed with them in the heat of conflict – while remaining flexible in the process.The late Dwight David Eisenhower, Supreme Commander of Allied Forces for the Normandy landings in WW II, remarked accurately: "In planning for battle, I have always found that plans are useless, but planning is indispensable."Controversial George Soros, famous for his historic shorting strategy against the British Pound advised that “The market always destroys the weak."
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