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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

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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.
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My main concern is with the world order
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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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America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
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As a society we can't live without moral considerations. We do have to protect the public good. And markets are not designed to do that, so we need a political process.
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The bureaucratic method of building an integrated Europe has exhausted its potential.
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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.
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Political debate is more interested in manipulating the truth, than finding the truth.
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The ultimate asset bubble is gold.
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A full and fair discussion is essential to democracy.
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An open society calls itself open to improvement. It is based on the recognition that people have divergent views and interests, and that nobody is in possession of the ultimate truth.
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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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Everything adds up to a major crisis. Humanity is faced with a global energy crisis ... The core of the crisis lies in the increasing shortage of oil.
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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.
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It is much easier to put existing resources to better use, than to develop resources where they do not exist.
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The reality is that financial markets are self-destabilizing occasionally they tend toward disequilibrium, not equilibrium.
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Bush's war in Iraq has done untold damage to the United States. It has impaired our military power and undermined the morale of our armed forces. Our troops were trained to project overwhelming power. They were not trained for occupation duties.
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If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
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I am not well qualified to criticize the theory of rational expectations and the efficient market hypothesis because as a market participant I considered them so unrealistic that I never bothered to study them.
George Soros
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I think it is natural that every country has to take care of its interests, but there are some interests that are common to all countries. There are some human interests, or we need also international cooperation. We've sometimes confused it with dictation.
George Soros