Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
GEORGE SOROSEvery 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.
More George Soros Quotes
-
-
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 -
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
GEORGE SOROS -
In politics, manipulating reality can take presidence over finding reality.
GEORGE SOROS -
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.
GEORGE SOROS -
My sense of insecurity keeps me alert, always ready to correct my errors.
GEORGE SOROS -
There is always a divergence between our perception and what actually exists.
GEORGE SOROS -
Political debate is more interested in manipulating the truth, than finding the truth.
GEORGE SOROS -
To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
GEORGE SOROS -
If 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.
GEORGE SOROS -
There is no point in being confident and having a small position.
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 -
Misconceptions play a prominent role in my view of the world.
GEORGE SOROS -
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
GEORGE SOROS -
Every bubble has two components: something – some real trend, and a misconception about that trend.
GEORGE SOROS -
The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.
GEORGE SOROS