Find the trend whose premise is false, and bet against it.
GEORGE SOROSThe scope for improvement is infinite, precisely because perfection is unattainable.
More George Soros Quotes
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What works for Germany can’t work for the rest of Europe: No country can run a chronic surplus without others running deficits.
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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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Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
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American supremacy is the greatest threat to the world today.
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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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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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The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. And I think that’s rather shocking for Americans to hear.
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The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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When money is free, the rational lender will keep on lending until there is no one else to lend to.
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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 main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
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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.
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My main concern is with the world order.
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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.
GEORGE SOROS