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
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
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
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
I wish I could write a book that will be read for as long as our civilization lasts. I would value it… — 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
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
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