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

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
Always
Speculation
Crisis
Worse
Weak
Courses
Course
Point
Make
Expose

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Once a trend is established it tends to persist and to run it’s full course.
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An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
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My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
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The ultimate asset bubble is gold.
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I fancied myself as some kind of god or an economic reformer like Keynes
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As a society we can't live without moral considerations. We do have to protect the public good. And markets are not designed to do that, so we need a political process.
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In politics, manipulating reality can take presidence over finding reality.
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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.
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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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Well, you know, I was a human being before I became a businessman.
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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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There is no doubt that the countries that now have a very large debt have not introduced the kind of structural reforms that Germany did and are therefore at a disadvantage. But the problem is that this disadvantage is becoming even more pronounced through the punitive policies in place.
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These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government sponsored entities, Fannie Mae and Freddie Mac. They really kicked off this crisis. The state should set the rules and enforce them - but not become involved as a market player.
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The sovereignty of states must be subordinated to international law and international institutions.
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As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.
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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.
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Esperanto was a very useful language, because wherever you went, you found someone to speak with.
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Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
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There is always a divergence between our perception and what actually exists.
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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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