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 global crisis is caused by pathologies inherent in the global financial system itself.
More George Soros Quotes
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It is credit that matters, not money (in other words, monetarism is a false ideology).
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The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. And I think that’s rather shocking for Americans to hear.
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It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.
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Misconceptions play a prominent role in my view of the world.
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Every bubble has two components: something – some real trend, and a misconception about that trend.
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The sovereignty of states must be subordinated to international law and international institutions.
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The global crisis is caused by pathologies inherent in the global financial system itself.
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Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
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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 investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
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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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Market prices are always wrong in the sense that they present a biased view of the future.
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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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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
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The world order needs a major overhaul.
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