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Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.

George Soros

America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
GEORGE SOROS

Introduction Policy Process
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

Country Independent Lying Right Strength Talk Thinking
The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
GEORGE SOROS

Marketing Myself Opposite Right Wisdom
I am not well qualified to criticize the theory of rational expectations and the efficient market hypothesis because as a market participant I considered them so unrealistic that I never bothered to study them.
GEORGE SOROS

Criticism Myself Qualification Reality Study Theory
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
GEORGE SOROS

Condition Failure Human Imperfection Mistake Ourselves Understand Wrong
Once a trend is established it tends to persist and to run it’s full course.
GEORGE SOROS

Establishment Persistence Run
The main obstacle to a stable and just world order is the United States.
GEORGE SOROS

Obstacle Order Stability World
Unfortunately, the more complex the system, the greater the room for error.
GEORGE SOROS

Complex Errors Fortunate Mistake Room System
I fancied myself as some kind of god or an economic reformer like Keynes.
GEORGE SOROS

Economics Fancy God Kind
My sense of insecurity keeps me alert, always ready to correct my errors.
GEORGE SOROS

Correction Errors Insecurity Myself
The world order needs a major overhaul.
GEORGE SOROS

Need Order Stop World
To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
GEORGE SOROS

Mistake Myself Pride Recognition Shame Wrong
My main concern is with the world order.
GEORGE SOROS

One Liner Order World
Every bubble has two components: something – some real trend, and a misconception about that trend.
GEORGE SOROS

Component Concept Reality Trend
There is no point in being confident and having a small position.
GEORGE SOROS

Confidence Position Small
Find the trend whose premise is false, and bet against it.
GEORGE SOROS

Fake Finding Trend

Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.

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Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.

Related Topics

Popular Authors

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