Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
GEORGE SOROSLaw has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
GEORGE SOROSWhen interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.
GEORGE SOROSMaking an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
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 SOROSIf the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROSDiscount the obvious, bet on the unexpected.
GEORGE SOROSI’m only rich because I know when I’m wrong.
GEORGE SOROSThe world order needs a major overhaul.
GEORGE SOROSAs I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.
GEORGE SOROSMarkets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
GEORGE SOROSI chose America as my home because I value freedom and democracy, civil liberties and an open society.
GEORGE SOROSThe hardest thing to judge is what level of risk is safe.
GEORGE SOROSI 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 SOROSIf 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 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 SOROSThe prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
GEORGE SOROS