There is no point in being confident and having a small position.
GEORGE SOROSThe scope for improvement is infinite, precisely because perfection is unattainable.
More George Soros Quotes
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American supremacy is the greatest threat to the world today.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people. So, if the people will it, you can actually create international institutions through the democratic states.
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The financial markets play an active role in determining what’s going to happen, how the economy is going to function.
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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.
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Discount the obvious, bet on the unexpected.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
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If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
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No individual anonymous participant can influence the prices and therefore you really can speculate in the market without paying attention to morality. That’s one of the positive features of markets. That’s why they function.
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Revolutions usually start with enthusiasm and end in tears.
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Find the trend whose premise is false, and bet against it.
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The sovereignty of states must be subordinated to international law and international institutions.
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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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To be successful, you need leisure. You need time hanging heavily on your hands.
GEORGE SOROS