The sovereignty of states must be subordinated to international law and international institutions.
GEORGE SOROS
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.
More George Soros Quotes
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The sovereignty of states must be subordinated to international law and international institutions.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
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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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To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
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Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
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Every bubble has two components: something – some real trend, and a misconception about that trend.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.
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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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I’m only rich because I know when I’m wrong…I basically have survived by recognizing my 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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