Quote

Of course, speculation will always make a crisis worse. If there is a weak point, it will expose it.

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
Make
Expose
Always
Speculation
Crisis
Worse
Weak
Courses
Course
Point

More quotes by George Soros

Image
You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to heel.
George Soros
Image
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
Image
President George W. Bush is endangering the United States and the world's safety while undermining American values.
George Soros
Image
However, even a strong government can't perform miracles. It needs money from the taxpayers.
George Soros
Image
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.
George Soros
Image
The bureaucratic method of building an integrated Europe has exhausted its potential.
George Soros
Image
The pro-Israel lobby has been remarkably successful in suppressing criticism. Politicians challenge it at their peril because of the lobby's ability to influence political contributions.
George Soros
Image
The world order needs a major overhaul.
George Soros
Image
My main concern is with the world order
George Soros
Image
To be successful, you need leisure. You need time hanging heavily on your hands.
George Soros
Image
The generally accepted view is that markets are always right -- that is, market prices tend to discount future developments accurately even when it is unclear what those developments are. I start with the opposite view. I believe the market prices are always wrong in the sense that they present a biased view of the future.
George Soros
Image
The more comprehensive and convincing a debt reduction program is, the less likely it is to fail. And remember, just as Germany is grateful to America for the Marshall Plan, Italy would be grateful to Germany for helping it lower its refinancing costs.
George Soros
Image
There is always a divergence between our perception and what actually exists.
George Soros
Image
Every bubble has two components: something - some real trend, and a misconception about that trend.
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
I rely a great deal on animal instincts.
George Soros
Image
The worse a situation becomes the less it takes to turn it around, the bigger the upside.
George Soros
Image
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
Image
I fancied myself as some kind of god or an economic reformer like Keynes
George Soros