I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
GEORGE SOROSTo my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people. So, if the people will it, you can actually create international institutions through the democratic states.
More George Soros Quotes
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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.
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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 strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
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Market prices are always wrong.
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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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There is no point in being confident and having a small position.
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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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Discount the obvious, bet on the unexpected.
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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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If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
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Increase your bets when you are confident and scale down your positions when you don’t have conviction.
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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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If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one’s conceptions and what one does about them. Life can be seen as a fertile fallacy.
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In politics, manipulating reality can take presidence over finding reality.
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To be successful, you need leisure. You need time hanging heavily on your hands.
GEORGE SOROS






