Markets can influence the events that they anticipate.
GEORGE SOROSIt is credit that matters, not money (in other words, monetarism is a false ideology).
More George Soros Quotes
-
-
I fancied myself as some kind of god or an economic reformer like Keynes.
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.
GEORGE SOROS -
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.
GEORGE SOROS -
I chose America as my home because I value freedom and democracy, civil liberties and an open society.
GEORGE SOROS -
Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner.
GEORGE SOROS -
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 -
In politics, manipulating reality can take presidence over finding reality.
GEORGE SOROS -
When money is free, the rational lender will keep on lending until there is no one else to lend to.
GEORGE SOROS -
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
GEORGE SOROS -
If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROS -
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
GEORGE SOROS -
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.
GEORGE SOROS -
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
GEORGE SOROS -
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.
GEORGE SOROS -
The financial markets play an active role in determining what’s going to happen, how the economy is going to function.
GEORGE SOROS