Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.
George Soros
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
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
Dollars
Taxpayers
Save
Enforcement
Cost
Revenue
Many
Marijuana
Annually
Would
Providing
Regulating
Costs
Taxing
Investing
Incarceration
Billions
Simultaneously
More quotes by George Soros
It is much easier to put existing resources to better use, than to develop resources where they do not exist.
George Soros
There is always a divergence between our perception and what actually exists.
George Soros
The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don't have much personal use for money.
George Soros
I think that my foundation uses the money better than the government does. In any event, I do pay taxes.
George Soros
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.
George Soros
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.
George Soros
Once a trend is established it tends to persist and to run it’s full course.
George Soros
If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one's conceptions and what one does about them. Life can be seen as a fertile fallacy.
George Soros
A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.
George Soros
When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.
George Soros
When money is free, the rational lender will keep on lending until there is no one else to lend to.
George Soros
My main concern is with the world order
George Soros
It is better to have a cat and mouse game where the cat has the upper hand than a cat and mouse game where the mice are ruling. Because the latter means that the market participants are given free range. That was actually the big misconception of our national hero Ronald Reagan, who always talked about the magic of the market.
George Soros
However, even a strong government can't perform miracles. It needs money from the taxpayers.
George Soros
The only thing that could hurt me is if my success encouraged me to return to my childhood fantasies of omnipotence - but that is not likely to happen as long as I remain engaged in the financial markets, because they constantly remind me of my limitations.
George Soros
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
If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies to the extent that I could afford.
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
Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
George Soros
Market prices are always wrong in the sense that they present a biased view of the future.
George Soros