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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
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More quotes by George Soros

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I admire Chancellor Merkel for her leadership qualities, but she is leading Europe in the wrong direction.
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If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
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Once a trend is established it tends to persist and to run it’s full course.
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Increase your bets when you are confident and scale down your positions when you don't have conviction.
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Market prices are always wrong in the sense that they present a biased view of the future.
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Political debate is more interested in manipulating the truth, than finding the truth.
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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.
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My original intention was to spend the money in my lifetime.
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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.
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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.
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I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.
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I commissioned two political experts to advise me about what I could do to oppose the re-election of President Bush.
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If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one's conceptions and what one does about them. Life can be seen as a fertile fallacy.
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The sovereignty of states must be subordinated to international law and international institutions.
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Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.
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It is much easier to put existing resources to better use, than to develop resources where they do not exist.
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Every bubble has two components: something - some real trend, and a misconception about that trend.
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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.
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The people currently in charge have forgotten the first principle of an open society, namely that we may be wrong and that there has to be free discussion. That it's possible to be opposed to the policies without being unpatriotic.
George Soros
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Everything adds up to a major crisis. Humanity is faced with a global energy crisis ... The core of the crisis lies in the increasing shortage of oil.
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