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
The main difference between me and other people who have amassed this kind of money is that I am primarily interested in… — 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
“It's more difficult, you know, to bring about positive change than it is to make money. It's much easier to make money,… — 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
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
However, even a strong government can't perform miracles. It needs money from the taxpayers. — 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
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
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
When I had made more money than I needed for myself and my family, I set up a foundation to promote the… — George Soros Copy Share Image
I think that my foundation uses the money better than the government does. In any event, I do pay taxes. — 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 main difference between me and other people who have amassed this kind of money is that I am primarily interested in… — George Soros Copy Share Image
Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money.… — George Soros Copy Share Image
Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit… — George Soros Copy Share Image
I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes. — 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
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
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
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
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
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