American supremacy is the greatest threat to the world today.
GEORGE SOROSIf investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
More George Soros Quotes
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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.
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I’m not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
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The 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.
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The hardest thing to judge is what level of risk is safe.
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The scope for improvement is infinite, precisely because perfection is unattainable.
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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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Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
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Market prices are always wrong in the sense that they present a biased view of the future.
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The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
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Political debate is more interested in manipulating the truth, than finding the truth.
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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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I’m only rich because I know when I’m wrong.
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Find the trend whose premise is false, and bet against it.
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Market prices are always wrong.
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Short term volatility is greatest at turning points and diminishes as a trend becomes established.
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