Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
GEORGE SOROSMost of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
GEORGE SOROSAn open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
GEORGE SOROSThe 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.
GEORGE SOROSInvestors 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.
GEORGE SOROSIn politics, manipulating reality can take presidence over finding reality.
GEORGE SOROSTo others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
GEORGE SOROSStudying economics is not a good preparation for dealing with it.
GEORGE SOROSMaking an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
GEORGE SOROSHedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.
GEORGE SOROSShort term volatility is greatest at turning points and diminishes as a trend becomes established.
GEORGE SOROSThe hardest thing to judge is what level of risk is safe.
GEORGE SOROSStart by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
GEORGE SOROSWell, you know, I was a human being before I became a businessman.
GEORGE SOROSThe main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
GEORGE SOROSWhen money is free, the rational lender will keep on lending until there is no one else to lend to.
GEORGE SOROSThe 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.
GEORGE SOROS