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If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
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
Fun
Probably
Making
Money
Entertaining
Good
Investors
Investing
Investment
Boring
More quotes by George Soros
In politics, manipulating reality can take presidence over finding reality.
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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
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The world order needs a major overhaul.
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Advocating democracy has, by other people, often been taken as a form of imperialism, and not without some justification. So the important thing in a democracy is that it doesn't necessarily have to agree with what America's interests are, and it doesn't necessarily have to be serving American interests.
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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.
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Studying economics is not a good preparation for dealing with it.
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I commissioned two political experts to advise me about what I could do to oppose the re-election of President Bush.
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.
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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.
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Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
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Find the trend whose premise is false, and bet against it.
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To be successful, you need leisure. You need time hanging heavily on your hands.
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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.
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Now that I have called you on your false accusation, you are using additional smear tactics.
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
You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to heel.
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Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.
George Soros
The sovereignty of states must be subordinated to international law and international institutions.
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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
However, even a strong government can't perform miracles. It needs money from the taxpayers.
George Soros