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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
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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
Bush
Election
President
Political
Two
Commissioned
Oppose
Advise
Experts
More quotes by 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 have made it a principle to give advice that does not serve my personal interest but rather the common interests.
George Soros
I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.
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
I'm only rich because I know when I'm wrong.
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
However, even a strong government can't perform miracles. It needs money from the taxpayers.
George Soros
A full and fair discussion is essential to democracy.
George Soros
I admire Chancellor Merkel for her leadership qualities, but she is leading Europe in the wrong direction.
George Soros
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
If every rich person gave 50 percent of their wealth to charity, I would not say they should pay more taxes.
George Soros
My approach works not by making valid predictions but by allowing me to correct false ones.
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
If the bubbles contain a misconception, as they always do, then it can't be maintained forever.
George Soros
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
To be successful, you need leisure. You need time hanging heavily on your hands.
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
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
Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in.
George Soros
Giving government aid to a bank basically transforms it into a utility. The huge salaries in this sector are only a symptom of a more profound misalignment. The profitability of the finance industry has been excessive. [...] That was absurd.
George Soros
