Quote

I rely a great deal on animal instincts.

George Soros

Change background

T
T
T

Change font

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
Rely
Instinct
Deal
Deals
Animal
Great
Instincts

More quotes by George Soros

Image
To be successful, you need leisure. You need time hanging heavily on your hands.
George Soros
Image
There is no doubt that the countries that now have a very large debt have not introduced the kind of structural reforms that Germany did and are therefore at a disadvantage. But the problem is that this disadvantage is becoming even more pronounced through the punitive policies in place.
George Soros
Image
When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.
George Soros
Image
Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
George Soros
Image
The worse a situation becomes the less it takes to turn it around, the bigger the upside.
George Soros
Image
Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.
George Soros
Image
The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness.
George Soros
Image
If the bubbles contain a misconception, as they always do, then it can't be maintained forever.
George Soros
Image
When money is free, the rational lender will keep on lending until there is no one else to lend to.
George Soros
Image
Esperanto was a very useful language, because wherever you went, you found someone to speak with.
George Soros
Image
Now that I have called you on your false accusation, you are using additional smear tactics.
George Soros
Image
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
Image
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
Image
At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.
George Soros
Image
The world order needs a major overhaul.
George Soros
Image
My sense of insecurity keeps me alert, always ready to correct my errors.
George Soros
Image
The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.
George Soros
Image
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
George Soros
Image
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
Image
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