The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.
GEORGE SOROSThe hardest thing to judge is what level of risk is safe.
More George Soros Quotes
-
-
Unfortunately, the more complex the system, the greater the room for error.
GEORGE SOROS -
Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
GEORGE SOROS -
My main concern is with the world order.
GEORGE SOROS -
The scope for improvement is infinite, precisely because perfection is unattainable.
GEORGE SOROS -
The hardest thing to judge is what level of risk is safe.
GEORGE SOROS -
Studying economics is not a good preparation for dealing with it.
GEORGE SOROS -
The world order needs a major overhaul.
GEORGE SOROS -
My sense of insecurity keeps me alert, always ready to correct my errors.
GEORGE SOROS -
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.
GEORGE SOROS -
What works for Germany can’t work for the rest of Europe: No country can run a chronic surplus without others running deficits.
GEORGE SOROS -
I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
GEORGE SOROS -
When money is free, the rational lender will keep on lending until there is no one else to lend to.
GEORGE SOROS -
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
GEORGE SOROS -
To be successful, you need leisure. You need time hanging heavily on your hands.
GEORGE SOROS -
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.
GEORGE SOROS -
There is no point in being confident and having a small position.
GEORGE SOROS -
If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROS -
Markets can influence the events that they anticipate.
GEORGE SOROS -
Misconceptions play a prominent role in my view of the world.
GEORGE SOROS -
Well, you know, I was a human being before I became a businessman.
GEORGE SOROS -
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.
GEORGE SOROS -
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 SOROS -
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.
GEORGE SOROS -
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
GEORGE SOROS -
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
GEORGE SOROS -
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
GEORGE SOROS