Quote

Discount the obvious, bet on the unexpected

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
Discount
Discounts
Unexpected
Obvious

More quotes by George Soros

Image
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
Image
My approach works not by making valid predictions but by allowing me to correct false ones.
George Soros
Image
My original intention was to spend the money in my lifetime.
George Soros
Image
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
Image
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
Image
The reality is that financial markets are self-destabilizing occasionally they tend toward disequilibrium, not equilibrium.
George Soros
Image
Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
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
Find the trend whose premise is false, and bet against it.
George Soros
Image
Changeless society is characterized by the absense of alternatives.
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
America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
George Soros
Image
My main concern is with the world order
George Soros
Image
I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.
George Soros
Image
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.
George Soros
Image
I have made it a principle to give advice that does not serve my personal interest but rather the common interests.
George Soros
Image
The scope for improvement is infinite, precisely because perfection is unattainable.
George Soros
Image
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.
George Soros
Image
There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.
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