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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
Divergence
Exists
Perception
Actually
Always
More quotes by George Soros
My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
George Soros
I fancied myself as some kind of god or an economic reformer like Keynes
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Market prices are always wrong.
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If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one's conceptions and what one does about them. Life can be seen as a fertile fallacy.
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The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.
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When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.
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A full and fair discussion is essential to democracy.
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Proposition 19 already is a winner no matter what happens on election day. The mere fact of its being on the ballot has elevated and legitimized public discourse about marijuana and marijuana policy in ways I could not have imagined a year ago.
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Market prices are always wrong in the sense that they present a biased view of the future.
George Soros
An open society calls itself open to improvement. It is based on the recognition that people have divergent views and interests, and that nobody is in possession of the ultimate truth.
George Soros
An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
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Every bubble has two components: something - some real trend, and a misconception about that trend.
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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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I'm only rich because I know when I'm wrong.
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My main concern is with the world order
George Soros
Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner.
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I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
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As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.
George Soros
The sovereignty of states must be subordinated to international law and international institutions.
George Soros
If the bubbles contain a misconception, as they always do, then it can't be maintained forever.
George Soros