Every bubble has two components: something – some real trend, and a misconception about that trend.
GEORGE SOROSOnce a trend is established it tends to persist and to run it’s full course.
More George Soros Quotes
-
-
Political debate is more interested in manipulating the truth, than finding the truth.
GEORGE SOROS -
The sovereignty of states must be subordinated to international law and international institutions.
GEORGE SOROS -
American supremacy is the greatest threat to the world today.
GEORGE SOROS -
The main obstacle to a stable and just world order is the United States.
GEORGE SOROS -
My approach works not by making valid predictions but by allowing me to correct false ones.
GEORGE SOROS -
My 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.
GEORGE SOROS -
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.
GEORGE SOROS -
There is always a divergence between our perception and what actually exists.
GEORGE SOROS -
If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
GEORGE SOROS -
Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
GEORGE SOROS -
To be successful, you need leisure. You need time hanging heavily on your hands.
GEORGE SOROS -
When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.
GEORGE SOROS -
When money is free, the rational lender will keep on lending until there is no one else to lend to.
GEORGE SOROS -
I don’t panic. The same thing applies to me as to everybody else, so I’m given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.
GEORGE SOROS -
The world order needs a major overhaul.
GEORGE SOROS