Unfortunately, the more complex the system, the greater the room for error.
GEORGE SOROSI’m only rich because I know when I’m wrong.
More George Soros Quotes
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Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
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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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I fancied myself as some kind of god or an economic reformer like Keynes.
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The main obstacle to a stable and just world order is the United States.
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Markets can influence the events that they anticipate.
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Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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My approach works not by making valid predictions but by allowing me to correct false ones.
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In politics, manipulating reality can take presidence over finding reality.
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Well, you know, I was a human being before I became a businessman.
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It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.
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The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.
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The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
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It is credit that matters, not money (in other words, monetarism is a false ideology).
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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
GEORGE SOROS