What works for Germany can’t work for the rest of Europe: No country can run a chronic surplus without others running deficits.
GEORGE SOROSI fancied myself as some kind of god or an economic reformer like Keynes.
More George Soros Quotes
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Discount the obvious, bet on the unexpected.
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America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
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Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
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Market prices are always wrong.
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If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
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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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Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
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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 sovereignty of states must be subordinated to international law and international institutions.
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Well, you know, I was a human being before I became a businessman.
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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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The scope for improvement is infinite, precisely because perfection is unattainable.
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Every bubble has two components: something – some real trend, and a misconception about that trend.
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There is always a divergence between our perception and what actually exists.
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Find the trend whose premise is false, and bet against it.
GEORGE SOROS