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My approach works not by making valid predictions but by allowing me to correct false ones.
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
Approach
Works
Ones
Making
Valid
Predictions
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False
More quotes by George Soros
The scope for improvement is infinite, precisely because perfection is unattainable.
George Soros
It is much easier to put existing resources to better use, than to develop resources where they do not exist.
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
The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don't have much personal use for money.
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
When money is free, the rational lender will keep on lending until there is no one else to lend to.
George Soros
The only thing that could hurt me is if my success encouraged me to return to my childhood fantasies of omnipotence - but that is not likely to happen as long as I remain engaged in the financial markets, because they constantly remind me of my limitations.
George Soros
The generally accepted theory is that financial markets tend towards equilibrium, and...discount the future correctly. I operate using a different theory, according to which financial markets cannot possibly discount the future correctly because the do not merely discount the future they help to shape it.
George Soros
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
As an anonymous participant in financial markets, I never had to weigh the social consequences of my actions ... I felt justified in ignoring them on the grounds that I was playing by the rules.
George Soros
The sovereignty of states must be subordinated to international law and international institutions.
George Soros
Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.
George Soros
I call government that works the best for people open society, which is basically just another more general term for a democracy that is - you call it maybe a liberal democracy. It's not only majority rule but also respect for minorities and minority opinions and the rule of law. So it's really a sort of institutional democracy.
George Soros
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
Discount the obvious, bet on the unexpected
George Soros
Market prices are always wrong.
George Soros
My main concern is with the world order
George Soros
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
The worse a situation becomes the less it takes to turn it around, the bigger the upside.
George Soros
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
