Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail. — George Soros Copy Share Image
Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. — George Soros Copy Share Image
Market prices are always wrong in the sense that they present a biased view of the future. — George Soros Copy Share Image
It is credit that matters, not money (in other words, monetarism is a false ideology). — George Soros Copy Share Image
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat. — George Soros Copy Share Image
Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you're doomed to do poorly. — George Soros Copy Share Image
I chose America as my home because I value freedom and democracy, civil liberties and an open society. — George Soros Copy Share Image
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring. — George Soros Copy Share Image
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
When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate… — 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
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
If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one's conceptions… — George Soros Copy Share Image
If we care about universal principles such as freedom, democracy and the rule of law, we cannot leave them to the care… — George Soros Copy Share Image
Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars… — George Soros Copy Share Image
There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you… — 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
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
In the case of a meltdown, the regulatory authorities may find themselves obliged to step in to preserve the integrity of the… — 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
I would be lying, however, if I claimed that I could always formulate worthwhile hypotheses on the basis of my theoretical framework.… — 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
Money values do not simply mirror the state of affairs in the real world; valuation is a positive act that makes an… — 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
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
“The prevailing wisdom is that markets are always right. I take the opposition position. I assume that markets are always wrong. Even… — George Soros Copy Share Image
However, you have to recognize that regulations will never be completely successful and they will always be full of holes. You must… — 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
When money is free, the rational lender will keep on lending until there is no one else to lend to. — George Soros Copy Share Image
Unfortunately, the more complex the system, the greater the room for error. — George Soros Copy Share Image
Markets are imperfect. So you do need regulation, knowing that the regulators are also human. — George Soros Copy Share Image
The world is looking to us for leadership. We have provided it in the past; the main reason why anti-American feelings are… — George Soros Copy Share Image
Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than… — George Soros Copy Share Image
I am not well qualified to criticize the theory of rational expectations and the efficient market hypothesis because as a market participant… — 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