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.
GEORGE SOROSThe sovereignty of states must be subordinated to international law and international institutions.
More George Soros Quotes
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The world order needs a major overhaul.
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Political debate is more interested in manipulating the truth, than finding the truth.
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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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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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It is credit that matters, not money (in other words, monetarism is a false ideology).
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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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The sovereignty of states must be subordinated to international law and international institutions.
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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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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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I chose America as my home because I value freedom and democracy, civil liberties and an open society.
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The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
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I’m only rich because I know when I’m wrong.
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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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Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
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The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
GEORGE SOROS