The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.
GEORGE SOROSThe main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
More George Soros Quotes
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To be successful, you need leisure. You need time hanging heavily on your hands.
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My main concern is with the world order.
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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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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
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There is always a divergence between our perception and what actually exists.
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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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The sovereignty of states must be subordinated to international law and international institutions.
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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.
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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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Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
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American supremacy is the greatest threat to the world today.
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In politics, manipulating reality can take presidence over finding reality.
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No individual anonymous participant can influence the prices and therefore you really can speculate in the market without paying attention to morality. That’s one of the positive features of markets. That’s why they function.
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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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If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one’s conceptions and what one does about them. Life can be seen as a fertile fallacy.
GEORGE SOROS