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.
GEORGE SOROSThe scope for improvement is infinite, precisely because perfection is unattainable.
More George Soros Quotes
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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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The hardest thing to judge is what level of risk is safe.
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The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don’t have much personal use for money.
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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.
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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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There is always a divergence between our perception and what actually exists.
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Studying economics is not a good preparation for dealing with it.
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It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.
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Political debate is more interested in manipulating the truth, than finding the truth.
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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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In politics, manipulating reality can take presidence over finding reality.
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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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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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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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To be successful, you need leisure. You need time hanging heavily on your hands.
GEORGE SOROS