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.
GEORGE SOROSMy main concern is with the world order.
More George Soros Quotes
-
-
When money is free, the rational lender will keep on lending until there is no one else to lend to.
GEORGE SOROS -
I rely a great deal on animal instincts.
GEORGE SOROS -
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.
GEORGE SOROS -
My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
GEORGE SOROS -
The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
GEORGE SOROS -
There is no point in being confident and having a small position.
GEORGE SOROS -
The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.
GEORGE SOROS -
Misconceptions play a prominent role in my view of the world.
GEORGE SOROS -
The global crisis is caused by pathologies inherent in the global financial system itself.
GEORGE SOROS -
The world order needs a major overhaul.
GEORGE SOROS -
What works for Germany can’t work for the rest of Europe: No country can run a chronic surplus without others running deficits.
GEORGE SOROS -
Unfortunately, the more complex the system, the greater the room for error.
GEORGE SOROS -
My approach works not by making valid predictions but by allowing me to correct false ones.
GEORGE SOROS -
It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.
GEORGE SOROS -
Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values.
GEORGE SOROS