Excellent interview with Victor Niederhoffer. Among the quotes: "Soros would be the first to tell you that his predictions are completely random. He never says anything that doesn't jibe with his current position or his hoped-for outcome." "I made so many errors [that led to losing a fortune in 1997]… it's pathetic. I made one of my favorite errors: "The mouse with one hole is quickly cornered."… I didn't have a proper foundation. I was not sufficiently private in my activities. I was playing poker with men named Doc. I must've made a hundred errors on that one, but those are five or six that come to mind. And then there's the greatest error of all… I was so successful for so many years in that particular field that I began to believe in my own success." "The best way of making money [is] to be a specialist in panics."