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 SOROSPolitical debate is more interested in manipulating the truth, than finding the truth.
More George Soros Quotes
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There is always a divergence between our perception and what actually exists.
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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.
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Political debate is more interested in manipulating the truth, than finding the truth.
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The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
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Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.
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To be successful, you need leisure. You need time hanging heavily on your hands.
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I fancied myself as some kind of god or an economic reformer like Keynes.
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I’m only rich because I know when I’m wrong.
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My main concern is with the world order.
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What works for Germany can’t work for the rest of Europe: No country can run a chronic surplus without others running deficits.
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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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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.
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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.
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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.
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Revolutions usually start with enthusiasm and end in tears.
GEORGE SOROS