The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
GEORGE SOROSI fancied myself as some kind of god or an economic reformer like Keynes.
More George Soros Quotes
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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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I don’t panic. The same thing applies to me as to everybody else, so I’m given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.
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In politics, manipulating reality can take presidence over finding reality.
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Political debate is more interested in manipulating the truth, than finding the truth.
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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 worse a situation becomes the less it takes to turn it around, the bigger the upside.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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Market prices are always wrong in the sense that they present a biased view of the future.
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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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Once a trend is established it tends to persist and to run it’s full course.
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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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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.
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The hardest thing to judge is what level of risk is safe.
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American supremacy is the greatest threat to the world today.
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