If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROSIf we care about universal principles such as freedom, democracy and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.
More George Soros Quotes
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Discount the obvious, bet on the unexpected.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
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American supremacy is the greatest threat to the world today.
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Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
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Unfortunately, the more complex the system, the greater the room for error.
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I chose America as my home because I value freedom and democracy, civil liberties and an open society.
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Increase your bets when you are confident and scale down your positions when you don’t have conviction.
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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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Political debate is more interested in manipulating the truth, than finding the truth.
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Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner.
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I rely a great deal on animal instincts.
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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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When money is free, the rational lender will keep on lending until there is no one else to lend to.
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There is no point in being confident and having a small position.
GEORGE SOROS