If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROSShort term volatility is greatest at turning points and diminishes as a trend becomes established.
More George Soros Quotes
-
-
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.
GEORGE SOROS -
Market prices are always wrong in the sense that they present a biased view of the future.
GEORGE SOROS -
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 SOROS -
Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
GEORGE SOROS -
What works for Germany can’t work for the rest of Europe: No country can run a chronic surplus without others running deficits.
GEORGE SOROS -
Find the trend whose premise is false, and bet against it.
GEORGE SOROS -
Misconceptions play a prominent role in my view of the world.
GEORGE SOROS -
I rely a great deal on animal instincts.
GEORGE SOROS -
The financial markets play an active role in determining what’s going to happen, how the economy is going to function.
GEORGE SOROS -
Well, you know, I was a human being before I became a businessman.
GEORGE SOROS -
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
GEORGE SOROS -
The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
GEORGE SOROS -
If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one’s conceptions and what one does about them. Life can be seen as a fertile fallacy.
GEORGE SOROS -
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.
GEORGE SOROS -
Once a trend is established it tends to persist and to run it’s full course.
GEORGE SOROS