The sovereignty of states must be subordinated to international law and international institutions.
GEORGE SOROSPolitical debate is more interested in manipulating the truth, than finding the truth.
More George Soros Quotes
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Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
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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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Market prices are always wrong in the sense that they present a biased view of the future.
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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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Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner.
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If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
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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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Once a trend is established it tends to persist and to run it’s full course.
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I rely a great deal on animal instincts.
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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.
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When money is free, the rational lender will keep on lending until there is no one else to lend to.
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Political debate is more interested in manipulating the truth, than finding the truth.
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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.
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The scope for improvement is infinite, precisely because perfection is unattainable.
GEORGE SOROS