“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.”

The financial markets play an active role in determining what’s going to happen, how the economy is going to function.

Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.

I rely a great deal on animal instincts.

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.

Well, you know, I was a human being before I became a businessman.

The sovereignty of states must be subordinated to international law and international institutions.

Find the trend whose premise is false, and bet against it.

My main concern is with the world order.

If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.

I chose America as my home because I value freedom and democracy, civil liberties and an open society.

When money is free, the rational lender will keep on lending until there is no one else to lend to.

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.

In politics, manipulating reality can take presidence over finding reality.

Discount the obvious, bet on the unexpected.

There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.

Once a trend is established it tends to persist and to run it’s full course.

Any fool can criticize, condemn and complain – and most fools do. But it takes character and self control to be understanding and forgiving.

Talk about your own mistakes before criticizing the other person.

No idea is above scrutiny. No idea whatsoever. To criticize, to scrutinize and to satirize my own religion Islam is not Islamophobia.

To acquire true self power you have to feel beneath no one, be immune to criticism and be fearless.

But the truth is that it is only by believing in God that we can ever criticise the Government. Once abolish the God, and the Government becomes the God.

God never gives us discernment in order that we may criticize, but that we may intercede.

The problem with religion, because it’s been sheltered from criticism, is that it allows people to believe en masse what only idiots or lunatics could believe in isolation.

People react to criticism in different ways, and my way is definitely to come out fighting.