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Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.

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
Society
Business
Become
Also
Undermines
Care
Unfortunately
Really
Health
Politics
Law

More quotes by George Soros

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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.
George Soros
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Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the imagination of the German public, and the German public has accepted it.
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.
George Soros
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Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.
George Soros
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It is much easier to put existing resources to better use, than to develop resources where they do not exist.
George Soros
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An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
George Soros
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I rely a great deal on animal instincts.
George Soros
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Every bubble has two components: something - some real trend, and a misconception about that trend.
George Soros
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However, even a strong government can't perform miracles. It needs money from the taxpayers.
George Soros
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The bureaucratic method of building an integrated Europe has exhausted its potential.
George Soros
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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
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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
George Soros
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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
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My main concern is with the world order
George Soros
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The reality is that financial markets are self-destabilizing occasionally they tend toward disequilibrium, not equilibrium.
George Soros
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Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
George Soros
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I don't use my money to gain political influence for my private interests, which is what many rich people do, and what, in a sense, market fundamentalism does, because it is in the interests of people who have a lot of money to have as little taxes as possible.
George Soros
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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
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I have made it a principle to give advice that does not serve my personal interest but rather the common interests.
George Soros
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I'm only rich because I know when I'm wrong.
George Soros