The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
GEORGE SOROSThe prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
More George Soros Quotes
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I rely a great deal on animal instincts.
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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.
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The hardest thing to judge is what level of risk is safe.
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To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
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Markets can influence the events that they anticipate.
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American supremacy is the greatest threat to the world today.
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As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.
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To be successful, you need leisure. You need time hanging heavily on your hands.
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Every bubble has two components: something – some real trend, and a misconception about that trend.
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I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
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The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
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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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Revolutions usually start with enthusiasm and end in tears.
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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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There is always a divergence between our perception and what actually exists.
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