I rely a great deal on animal instincts.
GEORGE SOROSI’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
More George Soros Quotes
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Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
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Every bubble has two components: something – some real trend, and a misconception about that trend.
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The main obstacle to a stable and just world order is the United States.
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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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If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
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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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My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
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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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Discount the obvious, bet on the unexpected.
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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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To be successful, you need leisure. You need time hanging heavily on your hands.
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America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
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There is always a divergence between our perception and what actually exists.
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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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I fancied myself as some kind of god or an economic reformer like Keynes.
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