No individual anonymous participant can influence the prices and therefore you really can speculate in the market without paying attention to morality.… — George Soros Copy Share Image
Market fundamentalists recognize that the role of the state in the economy is always disruptive, inefficient, and generally has negative connotations. This… — George Soros Copy Share Image
If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my… — George Soros Copy Share Image
The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong. — George Soros Copy Share Image
Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The… — George Soros Copy Share Image
I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we… — George Soros Copy Share Image
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you… — George Soros Copy Share Image
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium. — George Soros Copy Share Image
We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later… — George Soros Copy Share Image
I don't use my money to gain political influence for my private interests, which is what many rich people do, and what,… — George Soros Copy Share Image
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that… — George Soros Copy Share Image
The generally accepted view is that markets are always right -- that is, market prices tend to discount future developments accurately even… — George Soros Copy Share Image
It is better to have a cat and mouse game where the cat has the upper hand than a cat and mouse… — George Soros Copy Share Image
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct… — George Soros Copy Share Image
As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and… — George Soros Copy Share Image
We can speak of the triumph of capitalism in the world, but we cannot yet speak about the triumph of democracy. There… — George Soros Copy Share Image
Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and… — George Soros Copy Share Image
I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to… — George Soros Copy Share Image
I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to… — George Soros Copy Share Image
Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a… — George Soros Copy Share Image
You need a government that believes in government. It also believes in markets and wants to give markets the best, the greatest… — George Soros Copy Share Image
I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look… — George Soros Copy Share Image
The dark comes before dawn. The financial markets are under great pressure because of the lack of leadership during the transition period. — George Soros Copy Share Image
Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and… — George Soros Copy Share Image
The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in… — George Soros Copy Share Image
As an anonymous participant in financial markets, I never had to weigh the social consequences of my actions ... I felt justified… — George Soros Copy Share Image
We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves… — George Soros Copy Share Image
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the… — George Soros Copy Share Image
Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices… — George Soros Copy Share Image
The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing… — George Soros Copy Share Image
When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well… — George Soros Copy Share Image
Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject… — George Soros Copy Share Image
A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement… — George Soros Copy Share Image
The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute… — George Soros Copy Share Image
I am against market fundamentalism. I think this propaganda that government involvement is always bad has been very successful - but also… — George Soros Copy Share Image
Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough… — George Soros Copy Share Image
Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states. — George Soros Copy Share Image
“My peculiarity is that I don't have a particular style of investing or, more exactly, I try to change my style to… — George Soros Copy Share Image
Outperforming the market with low volatility on a consistent basis is an impossibility. I outperformed the market for 30-odd years, but not… — George Soros Copy Share Image
Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the… — George Soros Copy Share
At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But… — George Soros Copy Share
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… — George Soros Copy Share
We must not forget; but we must forgive. Suffering often such compassion from the Jewish community. It was Jewish groups in the US who… — George Soros Copy Share
I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to fight or… — George Soros Copy Share
We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting… — George Soros Copy Share
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. — George Soros Copy Share
What works for Germany can't work for the rest of Europe: No country can run a chronic surplus without others running deficits. — George Soros Copy Share
If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I… — George Soros Copy Share
We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we… — George Soros Copy Share
“On the abstract level, I have turned the belief in my own fallibility into the cornerstone of an elaborate philosophy. On a personal level,… — George Soros Copy Share
The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and… — George Soros Copy Share
By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds… — George Soros Copy Share
Every bubble has two components: something - some real trend, and a misconception about that trend. — George Soros Copy Share
![“We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of…” quote by George Soros](https://sms4smile.com/q/img-quotes/f33/george-soros-1593_customer_we-at-soros-fund-management-use-options_113322.jpg)
![“I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to fight or [take] flight. When [I] make the decision, the backache goes away.” quote by George Soros](https://sms4smile.com/q/img-quotes/d1e/george-soros-1593_backache_i-very-often-used-to-get-backaches-due-t_38205.jpg)
![“The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. And I think that's rather shocking for Americans to hear.” quote by George Soros](https://sms4smile.com/q/img-quotes/d81/george-soros-1593_happens_the-main-obstacle-to-a-stable-and-just-w_2672227.jpg)
