The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
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
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I don’t panic. The same thing applies to me as to everybody else, so I’m given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.
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Political debate is more interested in manipulating the truth, than finding the truth.
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Find the trend whose premise is false, and bet against it.
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The main obstacle to a stable and just world order is the United States.
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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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I chose America as my home because I value freedom and democracy, civil liberties and an open society.
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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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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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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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Well, you know, I was a human being before I became a businessman.
GEORGE SOROS -
Revolutions usually start with enthusiasm and end in tears.
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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.
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American supremacy is the greatest threat to the world today.
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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
GEORGE SOROS