I don’t panic. The same thing applies to me as to everybody else, so I’m given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.
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
-
-
Short term volatility is greatest at turning points and diminishes as a trend becomes established.
GEORGE SOROS -
Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
GEORGE SOROS -
Increase your bets when you are confident and scale down your positions when you don’t have conviction.
GEORGE SOROS -
There is always a divergence between our perception and what actually exists.
GEORGE SOROS -
I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
GEORGE SOROS -
Misconceptions play a prominent role in my view of the world.
GEORGE SOROS -
If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROS -
My main concern is with the world order.
GEORGE SOROS -
If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
GEORGE SOROS -
When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.
GEORGE SOROS -
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
GEORGE SOROS -
I’m only rich because I know when I’m wrong.
GEORGE SOROS -
To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people. So, if the people will it, you can actually create international institutions through the democratic states.
GEORGE SOROS -
Find the trend whose premise is false, and bet against it.
GEORGE SOROS -
I am not well qualified to criticize the theory of rational expectations and the efficient market hypothesis because as a market participant I considered them so unrealistic that I never bothered to study them.
GEORGE SOROS