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Changeless society is characterized by the absense of alternatives.

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
Changeless
Characterized
Alternatives
Society

More quotes by George Soros

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Who most benefits from keeping marijuana illegal? The greatest beneficiaries are the major criminal organizations in Mexico and elsewhere that earn billions of dollars annually from this illicit trade - and who would rapidly lose their competitive advantage if marijuana were a legal commodity.
George Soros
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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.
George Soros
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Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.
George Soros
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The scope for improvement is infinite, precisely because perfection is unattainable.
George Soros
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Find the trend whose premise is false, and bet against it.
George Soros
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I rely a great deal on animal instincts.
George Soros
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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
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Once a trend is established it tends to persist and to run it’s full course.
George Soros
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The hardest thing to judge is what level of risk is safe.
George Soros
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Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
George Soros
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The world order needs a major overhaul.
George Soros
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When money is free, the rational lender will keep on lending until there is no one else to lend to.
George Soros
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To be successful, you need leisure. You need time hanging heavily on your hands.
George Soros
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I don't use my money to gain political influence for my private interests, which is what many rich people do, and what, in a sense, market fundamentalism does, because it is in the interests of people who have a lot of money to have as little taxes as possible.
George Soros
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Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention, and I wouldn't underestimate the value of that. But they're not designed to take care of social needs.
George Soros
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Money values do not simply mirror the state of affairs in the real world valuation is a positive act that makes an impact on the course of events. Monetary and real phenomena are connected in a reflexive fashion that is, they influence each other mutually. The reflexive relationship manifests itself most clearly in the use and abuse of credit.
George Soros
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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
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In politics, manipulating reality can take presidence over finding reality.
George Soros
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The sovereignty of states must be subordinated to international law and international institutions.
George Soros
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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.
George Soros