“An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.”

In politics, manipulating reality can take presidence over finding reality.

Discount the obvious, bet on the unexpected.

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.

Once a trend is established it tends to persist and to run it’s full course.

My sense of insecurity keeps me alert, always ready to correct my errors.

Misconceptions play a prominent role in my view of the world.

I’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

Studying economics is not a good preparation for dealing with it.

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.

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.

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.

It is credit that matters, not money (in other words, monetarism is a false ideology).

As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.

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.

We will see that the greatest problem confronting civilization is not merely religious extremism: rather, it is the larger set of cultural and intellectual accommodations we have made to faith itself.

The greatest strength any human being an have is to recognize his or her own weaknesses. When you identify your weaknesses, you can begin to remedy them – or at least figure out how to work around them.

When you give someone your time, you are giving them a portion of your life that you’ll never get back.Your time is your life. That is why the greatest gift you can give someone is your time

Respect is one of the greatest expressions of love.

Music is the fourth great material want, first food, then clothes, then shelter, then music.

I was raised by a mother who told me I was great every day of my life.

The greatest happiness comes from the greatest activity.

Great men cultivate love and only little men cherish a spirit of hatred; assistance given to the weak makes the one who gives it strong; oppression of the unfortunate makes one weak.