The worse a situation becomes the less it takes to turn it around, the bigger the upside.
GEORGE SOROSMy sense of insecurity keeps me alert, always ready to correct my errors.
More George Soros Quotes
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My sense of insecurity keeps me alert, always ready to correct my errors.
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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.
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Every bubble has two components: something – some real trend, and a misconception about that trend.
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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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When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.
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It is credit that matters, not money (in other words, monetarism is a false ideology).
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Misconceptions play a prominent role in my view of the world.
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To be successful, you need leisure. You need time hanging heavily on your hands.
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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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The sovereignty of states must be subordinated to international law and international institutions.
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Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
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Discount the obvious, bet on the unexpected.
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Find the trend whose premise is false, and bet against it.
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In politics, manipulating reality can take presidence over finding reality.
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The scope for improvement is infinite, precisely because perfection is unattainable.
GEORGE SOROS