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 SOROSOnce a trend is established it tends to persist and to run it’s full course.
More George Soros Quotes
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My main concern is with the world order.
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Every bubble has two components: something – some real trend, and a misconception about that trend.
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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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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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I’m only rich because I know when I’m wrong.
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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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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
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The global crisis is caused by pathologies inherent in the global financial system itself.
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Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
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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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Political debate is more interested in manipulating the truth, than finding the truth.
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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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Studying economics is not a good preparation for dealing with it.
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I fancied myself as some kind of god or an economic reformer like Keynes.
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In politics, manipulating reality can take presidence over finding reality.
GEORGE SOROS