There is no point in being confident and having a small position.
GEORGE SOROSMy sense of insecurity keeps me alert, always ready to correct my errors.
More George Soros Quotes
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Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.
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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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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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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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The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
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The world order needs a major overhaul.
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Misconceptions play a prominent role in my view of the world.
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There is always a divergence between our perception and what actually exists.
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American supremacy is the greatest threat to the world today.
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To be successful, you need leisure. You need time hanging heavily on your hands.
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Revolutions usually start with enthusiasm and end in tears.
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Discount the obvious, bet on the unexpected.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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Political debate is more interested in manipulating the truth, than finding the truth.
GEORGE SOROS