To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
GEORGE SOROSThe main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don’t have much personal use for money.
More George Soros Quotes
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The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.
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Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
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It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.
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Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
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The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.
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Find the trend whose premise is false, and bet against it.
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The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.
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Political debate is more interested in manipulating the truth, than finding the truth.
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American supremacy is the greatest threat to the world today.
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Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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The main obstacle to a stable and just world order is the United States.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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When money is free, the rational lender will keep on lending until there is no one else to lend to.
GEORGE SOROS