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 SOROSAmerica needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
More George Soros Quotes
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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.
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If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
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Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
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It is credit that matters, not money (in other words, monetarism is a false ideology).
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The sovereignty of states must be subordinated to international law and international institutions.
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The scope for improvement is infinite, precisely because perfection is unattainable.
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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 others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
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I chose America as my home because I value freedom and democracy, civil liberties and an open society.
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My approach works not by making valid predictions but by allowing me to correct false ones.
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There is always a divergence between our perception and what actually exists.
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The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.
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American supremacy is the greatest threat to the world today.
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The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
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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.
GEORGE SOROS