Political debate is more interested in manipulating the truth, than finding the truth.
GEORGE SOROSMarkets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
More George Soros Quotes
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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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I’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
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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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In politics, manipulating reality can take presidence over finding reality.
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Markets can influence the events that they anticipate.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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If we care about universal principles such as freedom, democracy and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.
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The world order needs a major overhaul.
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There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.
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When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.
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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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I rely a great deal on animal instincts.
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Studying economics is not a good preparation for dealing with it.
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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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There is no point in being confident and having a small position.
GEORGE SOROS