I chose America as my home because I value freedom and democracy, civil liberties and an open society.
GEORGE SOROSMy conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
More George Soros Quotes
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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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Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
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Find the trend whose premise is false, and bet against it.
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Unfortunately, the more complex the system, the greater the room for error.
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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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American supremacy is the greatest threat to the world today.
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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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Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values.
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My approach works not by making valid predictions but by allowing me to correct false ones.
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My main concern is with the world order.
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To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
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I rely a great deal on animal instincts.
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The world order needs a major overhaul.
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The scope for improvement is infinite, precisely because perfection is unattainable.
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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.
GEORGE SOROS