Studying economics is not a good preparation for dealing with it.
GEORGE SOROSTo others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
More George Soros Quotes
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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 care about universal principles such as freedom, democracy and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.
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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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Revolutions usually start with enthusiasm and end in tears.
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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
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Increase your bets when you are confident and scale down your positions when you don’t have conviction.
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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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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.
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Political debate is more interested in manipulating the truth, than finding the truth.
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The sovereignty of states must be subordinated to international law and international institutions.
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To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
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Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
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I chose America as my home because I value freedom and democracy, civil liberties and an open society.
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Find the trend whose premise is false, and bet against it.
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Well, you know, I was a human being before I became a businessman.
GEORGE SOROS