Quote

I fancied myself as some kind of god or an economic reformer like Keynes

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
Fancied
Keynes
Reformer
Reformers
Economic
Kind
Like

More quotes by George Soros

Image
The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don't have much personal use for money.
George Soros
Image
Bush's war in Iraq has done untold damage to the United States. It has impaired our military power and undermined the morale of our armed forces. Our troops were trained to project overwhelming power. They were not trained for occupation duties.
George Soros
Image
The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).
George Soros
Image
Now that I have called you on your false accusation, you are using additional smear tactics.
George Soros
Image
President George W. Bush is endangering the United States and the world's safety while undermining American values.
George Soros
Image
Changeless society is characterized by the absense of alternatives.
George Soros
Image
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
Image
At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.
George Soros
Image
If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
George Soros
Image
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.
George Soros
Image
Market prices are always wrong.
George Soros
Image
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
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
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
George Soros
Image
The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.
George Soros
Image
Discount the obvious, bet on the unexpected
George Soros
Image
Increase your bets when you are confident and scale down your positions when you don't have conviction.
George Soros
Image
Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.
George Soros
Image
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
Image
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