There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.
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.
More George Soros Quotes
-
-
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 SOROS -
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.
GEORGE SOROS -
The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
GEORGE SOROS -
If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROS -
To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people. So, if the people will it, you can actually create international institutions through the democratic states.
GEORGE SOROS -
When money is free, the rational lender will keep on lending until there is no one else to lend to.
GEORGE SOROS -
When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.
GEORGE SOROS -
Markets can influence the events that they anticipate.
GEORGE SOROS -
Revolutions usually start with enthusiasm and end in tears.
GEORGE SOROS -
The worse a situation becomes the less it takes to turn it around, the bigger the upside.
GEORGE SOROS -
I’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
GEORGE SOROS -
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
GEORGE SOROS -
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
GEORGE SOROS -
I rely a great deal on animal instincts.
GEORGE SOROS -
I fancied myself as some kind of god or an economic reformer like Keynes.
GEORGE SOROS