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.
GEORGE SOROSWell, you know, I was a human being before I became a businessman.
More George Soros Quotes
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Well, you know, I was a human being before I became a businessman.
GEORGE SOROS -
Short term volatility is greatest at turning points and diminishes as a trend becomes established.
GEORGE SOROS -
Market prices are always wrong.
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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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Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
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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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America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
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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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The world order needs a major overhaul.
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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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Markets can influence the events that they anticipate.
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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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It is credit that matters, not money (in other words, monetarism is a false ideology).
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The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
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My sense of insecurity keeps me alert, always ready to correct my errors.
GEORGE SOROS