America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
GEORGE SOROSDiscount the obvious, bet on the unexpected.
More George Soros Quotes
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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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Misconceptions play a prominent role in my view of the world.
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It is credit that matters, not money (in other words, monetarism is a false ideology).
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The hardest thing to judge is what level of risk is safe.
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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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There is always a divergence between our perception and what actually exists.
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The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. And I think that’s rather shocking for Americans to hear.
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I’m only rich because I know when I’m wrong.
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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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Market prices are always wrong.
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I fancied myself as some kind of god or an economic reformer like Keynes.
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American supremacy is the greatest threat to the world today.
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The financial markets play an active role in determining what’s going to happen, how the economy is going to function.
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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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Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
GEORGE SOROS