The hardest thing to judge is what level of risk is safe.
GEORGE SOROSThe sovereignty of states must be subordinated to international law and international institutions.
More George Soros Quotes
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Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner.
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My main concern is with the world order.
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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.
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If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
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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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Political debate is more interested in manipulating the truth, than finding the truth.
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The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.
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If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
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I don’t panic. The same thing applies to me as to everybody else, so I’m given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.
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It is credit that matters, not money (in other words, monetarism is a false ideology).
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If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
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Well, you know, I was a human being before I became a businessman.
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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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To be successful, you need leisure. You need time hanging heavily on your hands.
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Markets can influence the events that they anticipate.
GEORGE SOROS