It is credit that matters, not money (in other words, monetarism is a false ideology).
GEORGE SOROSThe worse a situation becomes the less it takes to turn it around, the bigger the upside.
More George Soros Quotes
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There is no point in being confident and having a small position.
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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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I’m only rich because I know when I’m wrong.
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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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To be successful, you need leisure. You need time hanging heavily on your hands.
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My main concern is with the world order.
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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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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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Well, you know, I was a human being before I became a businessman.
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The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. And I think that’s rather shocking for Americans to hear.
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Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
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Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
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Unfortunately, the more complex the system, the greater the room for error.
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American supremacy is the greatest threat to the world today.
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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.
GEORGE SOROS