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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
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
Less
Upside
Around
Worse
Bigger
Becomes
Turn
Takes
Situation
Turns
More quotes by George Soros
There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.
George Soros
The bureaucratic method of building an integrated Europe has exhausted its potential.
George Soros
Find the trend whose premise is false, and bet against it.
George Soros
Increase your bets when you are confident and scale down your positions when you don't have conviction.
George Soros
Now that I have called you on your false accusation, you are using additional smear tactics.
George Soros
There is always a divergence between our perception and what actually exists.
George Soros
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
The world order needs a major overhaul.
George Soros
I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.
George Soros
I commissioned two political experts to advise me about what I could do to oppose the re-election of President Bush.
George Soros
I think that my foundation uses the money better than the government does. In any event, I do pay taxes.
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
I admire Chancellor Merkel for her leadership qualities, but she is leading Europe in the wrong direction.
George Soros
As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.
George Soros
The scope for improvement is infinite, precisely because perfection is unattainable.
George Soros
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
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
The hardest thing to judge is what level of risk is safe.
George Soros
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
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