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There is always a divergence between our perception and what actually exists.
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
Actually
Always
Divergence
Exists
Perception
More quotes by George Soros
Political debate is more interested in manipulating the truth, than finding the truth.
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Now that I have called you on your false accusation, you are using additional smear tactics.
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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.
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I have made it a principle to give advice that does not serve my personal interest but rather the common interests.
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In politics, manipulating reality can take presidence over finding reality.
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I think that my foundation uses the money better than the government does. In any event, I do pay taxes.
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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.
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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.
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Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the imagination of the German public, and the German public has accepted it.
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Esperanto was a very useful language, because wherever you went, you found someone to speak with.
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Studying economics is not a good preparation for dealing with it.
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If every rich person gave 50 percent of their wealth to charity, I would not say they should pay more taxes.
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If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
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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.
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Market prices are always wrong.
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The worse a situation becomes the less it takes to turn it around, the bigger the upside.
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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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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.
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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.
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Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
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