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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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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
Money
Government
Needs
Taxpayers
Even
Miracles
Perform
Miracle
However
Strong
More quotes by George Soros
We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting caught in a quagmire.
George Soros
The bureaucratic method of building an integrated Europe has exhausted its potential.
George Soros
The reality is that financial markets are self-destabilizing occasionally they tend toward disequilibrium, not equilibrium.
George Soros
I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs.
George Soros
Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention, and I wouldn't underestimate the value of that. But they're not designed to take care of social needs.
George Soros
I think it is natural that every country has to take care of its interests, but there are some interests that are common to all countries. There are some human interests, or we need also international cooperation. We've sometimes confused it with dictation.
George Soros
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.
George Soros
Market prices are always wrong in the sense that they present a biased view of the future.
George Soros
My original intention was to spend the money in my lifetime.
George Soros
Of course, speculation will always make a crisis worse. If there is a weak point, it will expose it.
George Soros
Find the trend whose premise is false, and bet against it.
George Soros
Once a trend is established it tends to persist and to run it’s full course.
George Soros
Changeless society is characterized by the absense of alternatives.
George Soros
Political debate is more interested in manipulating the truth, than finding the truth.
George Soros
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
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 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
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
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
I contend that financial markets never reflect the underlying reality accurately they always distort it in some way or another and the distortions find expression in market prices. Those distortions can, occasionally, find ways to affect the fundamentals that market prices are supposed to reflect.
George Soros