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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

More quotes by George Soros

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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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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.
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Political debate is more interested in manipulating the truth, than finding the truth.
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I fancied myself as some kind of god or an economic reformer like Keynes
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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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If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies to the extent that I could afford.
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I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.
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Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.
George Soros
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The sovereignty of states must be subordinated to international law and international institutions.
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In politics, manipulating reality can take presidence over finding reality.
George Soros
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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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However, even a strong government can't perform miracles. It needs money from the taxpayers.
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.
George Soros
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I am not well qualified to criticize the theory of rational expectations and the efficient market hypothesis because as a market participant I considered them so unrealistic that I never bothered to study them.
George Soros
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The world order needs a major overhaul.
George Soros
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Outperforming the market with low volatility on a consistent basis is an impossibility. I outperformed the market for 30-odd years, but not with low volatility.
George Soros
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The hardest thing to judge is what level of risk is safe.
George Soros
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The bureaucratic method of building an integrated Europe has exhausted its potential.
George Soros
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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
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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