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A full and fair discussion is essential to democracy.
George Soros
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George Soros
Age: 94
Born: 1930
Born: August 12
Banker
Business Magnate
Businessman
Economist
Financier
Investor
Philanthropist
Philosopher
Trader
Writer
Buda Pest
György Schwartz
György Soros
Political
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Investing
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Fair
Essential
Essentials
Democracy
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More quotes by George Soros
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
You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to heel.
George Soros
I'm only rich because I know when I'm wrong.
George Soros
The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
George Soros
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
President George W. Bush is endangering the United States and the world's safety while undermining American values.
George Soros
I have made it a principle to give advice that does not serve my personal interest but rather the common interests.
George Soros
Discount the obvious, bet on the unexpected
George Soros
The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.
George Soros
Every bubble has two components: something - some real trend, and a misconception about that trend.
George Soros
As a society we can't live without moral considerations. We do have to protect the public good. And markets are not designed to do that, so we need a political process.
George Soros
I am not a Zionist, nor am I am a practicing Jew, but I have a great deal of sympathy for my fellow Jews and a deep concern for the survival of Israel.
George Soros
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
George Soros
Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in.
George Soros
The reality is that financial markets are self-destabilizing occasionally they tend toward disequilibrium, not equilibrium.
George Soros
When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.
George Soros
Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
George Soros
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
George Soros
Proposition 19 already is a winner no matter what happens on election day. The mere fact of its being on the ballot has elevated and legitimized public discourse about marijuana and marijuana policy in ways I could not have imagined a year ago.
George Soros
The world order needs a major overhaul.
George Soros