The scope for improvement is infinite, precisely because perfection is unattainable.
GEORGE SOROSMarket prices are always wrong.
More George Soros Quotes
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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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Revolutions usually start with enthusiasm and end in tears.
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The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. And I think that’s rather shocking for Americans to hear.
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The hardest thing to judge is what level of risk is safe.
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There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.
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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
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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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It is credit that matters, not money (in other words, monetarism is a false ideology).
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I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
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Market prices are always wrong.
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I fancied myself as some kind of god or an economic reformer like Keynes.
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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.
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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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My main concern is with the world order.
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If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROS