Unfortunately, the more complex the system, the greater the room for error.
GEORGE SOROSOnce a trend is established it tends to persist and to run it’s full course.
More George Soros Quotes
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The world order needs a major overhaul.
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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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Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
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The global crisis is caused by pathologies inherent in the global financial system itself.
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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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Markets can influence the events that they anticipate.
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To 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.
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I’m only rich because I know when I’m wrong.
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American supremacy is the greatest threat to the world today.
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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.
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The hardest thing to judge is what level of risk is safe.
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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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Once a trend is established it tends to persist and to run it’s full course.
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Market prices are always wrong.
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The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don’t have much personal use for money.
GEORGE SOROS