Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.
GEORGE SOROSLaw has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
More George Soros Quotes
-
-
Market prices are always wrong.
GEORGE SOROS -
Every bubble has two components: something – some real trend, and a misconception about that trend.
GEORGE SOROS -
Misconceptions play a prominent role in my view of the world.
GEORGE SOROS -
Well, you know, I was a human being before I became a businessman.
GEORGE SOROS -
In politics, manipulating reality can take presidence over finding reality.
GEORGE SOROS -
If the bubbles contain a misconception, as they always do, then it can’t be maintained forever.
GEORGE SOROS -
It is credit that matters, not money (in other words, monetarism is a false ideology).
GEORGE SOROS -
There is no point in being confident and having a small position.
GEORGE SOROS -
The financial markets play an active role in determining what’s going to happen, how the economy is going to function.
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 -
I’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
GEORGE SOROS -
I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.
GEORGE SOROS -
The scope for improvement is infinite, precisely because perfection is unattainable.
GEORGE SOROS -
When money is free, the rational lender will keep on lending until there is no one else to lend to.
GEORGE SOROS -
Short term volatility is greatest at turning points and diminishes as a trend becomes established.
GEORGE SOROS -
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 SOROS -
American supremacy is the greatest threat to the world today.
GEORGE SOROS -
Discount the obvious, bet on the unexpected.
GEORGE SOROS -
My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
GEORGE SOROS -
Once a trend is established it tends to persist and to run it’s full course.
GEORGE SOROS -
If we care about universal principles such as freedom, democracy and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.
GEORGE SOROS -
Hedge 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 SOROS -
Market prices are always wrong in the sense that they present a biased view of the future.
GEORGE SOROS -
Markets can influence the events that they anticipate.
GEORGE SOROS -
Unfortunately, the more complex the system, the greater the room for error.
GEORGE SOROS -
I’m only rich because I know when I’m wrong.
GEORGE SOROS