Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Of course, speculation will always make a crisis worse. If there is a weak point, it will expose it.
George Soros
Share
Change background
T
T
T
Change font
Original
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
Weak
Courses
Course
Point
Make
Expose
Always
Speculation
Crisis
Worse
More quotes by George Soros
China could easily emerge as the great winner if the Chinese leaders handle the situation well. On the other hand, they could also turn out to be the biggest losers if they handle it poorly. If the management turns out be wrong, this could lead to a political crisis in China.
George Soros
The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.
George Soros
The sovereignty of states must be subordinated to international law and international institutions.
George Soros
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
If the bubbles contain a misconception, as they always do, then it can't be maintained forever.
George Soros
When it comes to social consequences, they've got all different people acting in different ways, very difficult to even have a proper criterion of success. So, it's a difficult task.
George Soros
The worse a situation becomes the less it takes to turn it around, the bigger the upside.
George Soros
A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.
George Soros
The ultimate asset bubble is gold.
George Soros
Now that I have called you on your false accusation, you are using additional smear tactics.
George Soros
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
George Soros
When money is free, the rational lender will keep on lending until there is no one else to lend to.
George Soros
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
George Soros
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
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
When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.
George Soros
I am not a Zionist, nor am I am a practicing Jew, but I have a great deal of sympathy for my fellow Jews and a deep concern for the survival of Israel.
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
It is better to have a cat and mouse game where the cat has the upper hand than a cat and mouse game where the mice are ruling. Because the latter means that the market participants are given free range. That was actually the big misconception of our national hero Ronald Reagan, who always talked about the magic of the market.
George Soros
My sense of insecurity keeps me alert, always ready to correct my errors.
George Soros
