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
Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The… — George Soros Copy Share Image
The financial markets play an active role in determining what's going to happen, how the economy is going to function. — 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
In 2012, the far-right Golden Dawn won 21 seats in Greece's parliamentary election, the right-wing Jobbik gained ground in my native Hungary,… — George Soros Copy Share Image
Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are… — 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
The global crisis is caused by pathologies inherent in the global financial system itself. — George Soros Copy Share Image
A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a… — George Soros Copy Share Image
I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the… — 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
These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government… — George Soros Copy Share Image
The only thing that could hurt me is if my success encouraged me to return to my childhood fantasies of omnipotence -… — George Soros Copy Share Image
The generally accepted theory is that financial markets tend towards equilibrium, and...discount the future correctly. I operate using a different theory, according… — George Soros Copy Share Image
The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's… — George Soros Copy Share Image
Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the… — George Soros Copy Share Image
In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into… — 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
The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in… — 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
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 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… — 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 I wouldn't… — George Soros Copy Share Image
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 Image
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 Image
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 Image
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 Image
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 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… — 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 stages we… — George Soros Copy Share Image
“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 Image