America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
GEORGE SOROSIt 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.
More George Soros Quotes
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The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
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Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
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As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.
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My main concern is with the world order.
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Unfortunately, the more complex the system, the greater the room for error.
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No individual anonymous participant can influence the prices and therefore you really can speculate in the market without paying attention to morality. That’s one of the positive features of markets. That’s why they function.
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My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
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The sovereignty of states must be subordinated to international law and international institutions.
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In politics, manipulating reality can take presidence over finding reality.
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There is always a divergence between our perception and what actually exists.
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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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What works for Germany can’t work for the rest of Europe: No country can run a chronic surplus without others running deficits.
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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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If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one’s conceptions and what one does about them. Life can be seen as a fertile fallacy.
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Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
GEORGE SOROS






