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.
GEORGE SOROSThe strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
More George Soros Quotes
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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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Find the trend whose premise is false, and bet against it.
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There is no point in being confident and having a small position.
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If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
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The sovereignty of states must be subordinated to international law and international institutions.
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I chose America as my home because I value freedom and democracy, civil liberties and an open society.
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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 sense of insecurity keeps me alert, always ready to correct my errors.
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The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
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The financial markets play an active role in determining what’s going to happen, how the economy is going to function.
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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
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If we care about universal principles such as freedom, democracy and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.
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I’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
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I’m only rich because I know when I’m wrong.
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