Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.
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
Still
Sovereignty
States
Increasingly
World
Investing
International
Based
Economy
Interdependent
Politics
Rendered
Stills
Globalization
More quotes by 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
I rely a great deal on animal instincts.
George Soros
We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of making money.
George Soros
The scope for improvement is infinite, precisely because perfection is unattainable.
George Soros
The worse a situation becomes the less it takes to turn it around, the bigger the upside.
George Soros
Who most benefits from keeping marijuana illegal? The greatest beneficiaries are the major criminal organizations in Mexico and elsewhere that earn billions of dollars annually from this illicit trade - and who would rapidly lose their competitive advantage if marijuana were a legal commodity.
George Soros
Political debate is more interested in manipulating the truth, than finding the truth.
George Soros
The sovereignty of states must be subordinated to international law and international institutions.
George Soros
The ultimate asset bubble is gold.
George Soros
Outperforming the market with low volatility on a consistent basis is an impossibility. I outperformed the market for 30-odd years, but not with low volatility.
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
The generally accepted view is that markets are always right -- that is, market prices tend to discount future developments accurately even when it is unclear what those developments are. I start with the opposite view. I believe the market prices are always wrong in the sense that they present a biased view of the future.
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 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
My main concern is with the world order
George Soros
The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).
George Soros
Just as the process of repealing national alcohol prohibition began with individual states repealing their own prohibition laws, so individual states must now take the initiative with respect to repealing marijuana prohibition laws.
George Soros
It is much easier to put existing resources to better use, than to develop resources where they do not exist.
George Soros
Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.
George Soros
The criminalization of marijuana did not prevent marijuana from becoming the most widely used illegal substance in the United States and many other countries. But it did result in extensive costs and negative consequences.
George Soros