The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
GEORGE SOROSThe reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
More George Soros Quotes
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I rely a great deal on animal instincts.
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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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Revolutions usually start with enthusiasm and end in tears.
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The scope for improvement is infinite, precisely because perfection is unattainable.
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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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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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The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
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I fancied myself as some kind of god or an economic reformer like Keynes.
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My approach works not by making valid predictions but by allowing me to correct false ones.
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Discount the obvious, bet on the unexpected.
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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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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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In politics, manipulating reality can take presidence over finding reality.
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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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The hardest thing to judge is what level of risk is safe.
GEORGE SOROS