Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
GEORGE SOROSTo 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.
More George Soros Quotes
-
-
Well, you know, I was a human being before I became a businessman.
GEORGE SOROS -
I rely a great deal on animal instincts.
GEORGE SOROS -
Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
GEORGE SOROS -
Increase your bets when you are confident and scale down your positions when you don’t have conviction.
GEORGE SOROS -
I chose America as my home because I value freedom and democracy, civil liberties and an open society.
GEORGE SOROS -
Every bubble has two components: something – some real trend, and a misconception about that trend.
GEORGE SOROS -
My main concern is with the world order.
GEORGE SOROS -
The hardest thing to judge is what level of risk is safe.
GEORGE SOROS -
To be successful, you need leisure. You need time hanging heavily on your hands.
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 -
Market prices are always wrong.
GEORGE SOROS -
The world order needs a major overhaul.
GEORGE SOROS -
The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.
GEORGE SOROS -
Discount the obvious, bet on the unexpected.
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