Quote

We must recognize that as the dominant power in the world we have a special responsibility. In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.

George Soros

Change background

T
T
T

Change font

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
Humanity
Protecting
Responsibility
Dominant
Interest
Interests
Common
Recognize
Power
National
Take
Leadership
Must
Special
World
Economy
Addition

More quotes by George Soros

Image
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
George Soros
Image
Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.
George Soros
Image
I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.
George Soros
Image
It is much easier to put existing resources to better use, than to develop resources where they do not exist.
George Soros
Image
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
Image
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
Image
Market prices are always wrong.
George Soros
Image
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
Image
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
Image
Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention, and I wouldn't underestimate the value of that. But they're not designed to take care of social needs.
George Soros
Image
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
George Soros
Image
The world order needs a major overhaul.
George Soros
Image
Well, you know, I was a human being before I became a businessman.
George Soros
Image
The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness.
George Soros
Image
The generally accepted theory is that financial markets tend towards equilibrium, and...discount the future correctly. I operate using a different theory, according to which financial markets cannot possibly discount the future correctly because the do not merely discount the future they help to shape it.
George Soros
Image
When it comes to social consequences, they've got all different people acting in different ways, very difficult to even have a proper criterion of success. So, it's a difficult task.
George Soros
Image
An open society calls itself open to improvement. It is based on the recognition that people have divergent views and interests, and that nobody is in possession of the ultimate truth.
George Soros
Image
These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government sponsored entities, Fannie Mae and Freddie Mac. They really kicked off this crisis. The state should set the rules and enforce them - but not become involved as a market player.
George Soros
Image
Changeless society is characterized by the absense of alternatives.
George Soros
Image
America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
George Soros