George Soros famous quotes

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

#Mistake #Failure #Understanding

Every bubble has two components: something - some real trend, and a misconception about that trend.
-- George Soros

#Real #Two #Trends

Markets can influence the events that they anticipate.
-- George Soros

#Events #Influence #Anticipate

You need a government that believes in government. It also believes in markets and wants to give markets the best, the greatest opportunity, but is trying to govern well.
-- George Soros

#Believe #Opportunity #Government

Market prices are always wrong in the sense that they present a biased view of the future.
-- George Soros

#Views #Biased

If the bubbles contain a misconception, as they always do, then it can't be maintained forever.
-- George Soros

#Forever #Misconception #Bubbles

Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
-- George Soros

#Government #Democracy #Poverty

Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
-- George Soros

#Knowing #Needs #Regulation

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
-- George Soros

#Reality #Self #Financial

I don't use my money to gain political influence for my private interests, which is what many rich people do, and what, in a sense, market fundamentalism does, because it is in the interests of people who have a lot of money to have as little taxes as possible.
-- George Soros

#People #Political #Doe

Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you're doomed to do poorly.
-- George Soros

#Wall #Assuming #Streets

When money is free, the rational lender will keep on lending until there is no one else to lend to.
-- George Soros

#Investing #Lending #Rational

The hardest thing to judge is what level of risk is safe.
-- George Soros

#Judging #Risk #Levels

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
-- George Soros

#Reality #Air #Saving

The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.
-- George Soros

#Events #Would Be #Imagine

Unfortunately, the more complex the system, the greater the room for error.
-- George Soros

#Errors #Rooms

When I had made more money than I needed for myself and my family, I set up a foundation to promote the values and principles of a free and open society.
-- George Soros

#Foundation #Principles #My Family

It is much easier to put existing resources to better use, than to develop resources where they do not exist.
-- George Soros

#Use #Easier #Resources

We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting caught in a quagmire.
-- George Soros

#Powerful #Organization #Quagmire

Well, you know, I was a human being before I became a businessman.
-- George Soros

#Business #Businessman #Wells

A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.
-- George Soros

#Ideas #Important #Movement

Destroying America will be the culmination of my life's work.
-- George Soros

#America #Destroying #Culmination

Increase your bets when you are confident and scale down your positions when you don't have conviction.
-- George Soros

#Conviction

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
-- George Soros

#Mistake #Pride #Shame

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

#Investing #Unexpected #States

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

#Skills #Survival #Training

The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.
-- George Soros

#Ideas #Different #Investing

If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
-- George Soros

#Fun #Investing #Boring

The eurozone status quo is neither tolerable nor stable. Mainstream economists would call it an inferior equilibrium; I call it a nightmare - one that is inflicting tremendous pain and suffering that could be easily avoided if the misconceptions and taboos that sustain it were dispelled.
-- George Soros

#Pain #Suffering #Nightmare

I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.
-- George Soros

#Money #Mistake #Rich

I'm only rich because I know when I'm wrong.
-- George Soros

#Rich

Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited.
-- George Soros

#Lying #Trends #Path

The worse a situation becomes the less it takes to turn it around, the bigger the upside.
-- George Soros

#Bigger #Situation #Turns

I give away something up to $500 million a year throughout the world promoting Open Society. My foundations support people in the country who care about an open society. It's their work that I'm supporting. So it's not me doing it.
-- George Soros

#Country #Years #People

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong
-- George Soros

#Business #Important #Saving

An 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 Soros

#Degrees #Members #Interest