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Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in.

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
Hold
Markets
Steps
Finance
Belief
Rough
Business
Financial
Government
Step
Kind
Authority
Authorities
Really
Deep
Interference
Conditions
Resent

More quotes by George Soros

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Market prices are always wrong.
George Soros
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The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
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Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.
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Just as the process of repealing national alcohol prohibition began with individual states repealing their own prohibition laws, so individual states must now take the initiative with respect to repealing marijuana prohibition laws.
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Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited.
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Discount the obvious, bet on the unexpected
George Soros
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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
George Soros
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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.
George Soros
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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
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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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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
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When money is free, the rational lender will keep on lending until there is no one else to lend to.
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 worse a situation becomes the less it takes to turn it around, the bigger the upside.
George Soros
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My main concern is with the world order
George Soros
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A full and fair discussion is essential to democracy.
George Soros
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My sense of insecurity keeps me alert, always ready to correct my errors.
George Soros
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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
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The scope for improvement is infinite, precisely because perfection is unattainable.
George Soros
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We must recognize that as the dominant power in the world we have a special responsibility. In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.
George Soros