I chose America as my home because I value freedom and democracy, civil liberties and an open society.
GEORGE SOROSThe reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
More George Soros Quotes
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Discount the obvious, bet on the unexpected.
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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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My sense of insecurity keeps me alert, always ready to correct my errors.
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My approach works not by making valid predictions but by allowing me to correct false ones.
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Markets can influence the events that they anticipate.
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I’m only rich because I know when I’m wrong.
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I’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
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The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
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There is always a divergence between our perception and what actually exists.
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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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The main obstacle to a stable and just world order is the United States.
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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.
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Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
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To be successful, you need leisure. You need time hanging heavily on your hands.
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The global crisis is caused by pathologies inherent in the global financial system itself.
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