Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
It is much easier to put existing resources to better use, than to develop resources where they do not exist.
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
Much
Existing
Investing
Develop
Resources
Exist
Easier
Use
Better
More quotes by George Soros
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
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
Changeless society is characterized by the absense of alternatives.
George Soros
The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.
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 commissioned two political experts to advise me about what I could do to oppose the re-election of President Bush.
George Soros
My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
George Soros
Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
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
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
China could easily emerge as the great winner if the Chinese leaders handle the situation well. On the other hand, they could also turn out to be the biggest losers if they handle it poorly. If the management turns out be wrong, this could lead to a political crisis in China.
George Soros
The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
George Soros
There is always a divergence between our perception and what actually exists.
George Soros
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
If every rich person gave 50 percent of their wealth to charity, I would not say they should pay more taxes.
George Soros
The worse a situation becomes the less it takes to turn it around, the bigger the upside.
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
I fancied myself as some kind of god or an economic reformer like Keynes
George Soros
The pro-Israel lobby has been remarkably successful in suppressing criticism. Politicians challenge it at their peril because of the lobby's ability to influence political contributions.
George Soros
Market prices are always wrong in the sense that they present a biased view of the future.
George Soros