An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
GEORGE SOROSI’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
More George Soros Quotes
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The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.
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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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To 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.
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It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.
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America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
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Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
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If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
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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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Well, you know, I was a human being before I became a businessman.
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The hardest thing to judge is what level of risk is safe.
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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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The global crisis is caused by pathologies inherent in the global financial system itself.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.
GEORGE SOROS