No individual anonymous participant can influence the prices and therefore you really can speculate in the market without paying attention to morality. That’s one of the positive features of markets. That’s why they function.
GEORGE SOROSIf 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.
More George Soros Quotes
-
-
If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROS -
In politics, manipulating reality can take presidence over finding reality.
GEORGE SOROS -
American supremacy is the greatest threat to the world today.
GEORGE SOROS -
Markets can influence the events that they anticipate.
GEORGE SOROS -
Short term volatility is greatest at turning points and diminishes as a trend becomes established.
GEORGE SOROS -
Once a trend is established it tends to persist and to run it’s full course.
GEORGE SOROS -
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.
GEORGE SOROS -
The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
GEORGE SOROS -
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
GEORGE SOROS -
If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
GEORGE SOROS -
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.
GEORGE SOROS -
The financial markets play an active role in determining what’s going to happen, how the economy is going to function.
GEORGE SOROS -
America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
GEORGE SOROS -
It is credit that matters, not money (in other words, monetarism is a false ideology).
GEORGE SOROS -
Unfortunately, the more complex the system, the greater the room for error.
GEORGE SOROS