George Soros

rich know wrong

“I'm only rich because I know when I'm wrong.”

― George Soros

resources existing develop

“It is much easier to put existing resources to better use, than to develop resources where they do not exist.”

― George Soros

right wrong money make lose

“It's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong.”

― George Soros

world order overhaul

“The world order needs a major overhaul.”

― George Soros

scientific method understand change truth success

“Scientific method seeks to understand things as they are, while alchemy seeks to bring about a desired state of affairs. To put it another way, the primary objective of science is truth, - that of alchemy, operational success.”

― George Soros

market flux money obvious unexpected

“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

investing style conditions

“My peculiarity is that I don't have a particular style of investing or, more exactly, I try to change my style to fit the conditions.”

― George Soros

market mechanism imperfect undrstanding feedback

“There is a powerful case for the market mechanism, but it is not that markets are perfect; it is that in a world dominated by imperfect understanding, markets provide an efficient feedback mechanism for evaluating the results of one's decisions and correcting mistakes.”

― George Soros

systemic reform government public support irreversible

“It is dangerous to build systemic reforms on a close association with one particular government. Systemic reforms need broad public participation and support. That is what makes them irreversible.”

― George Soros

obstacle stable just world order USA

"The main obstacle to a stable and just world order is the United States"

― George Soros

enemy open society communist capitalist

"The main enemy of the open society, I believe, is no longer the communist but the capitalist threat."

― George Soros

discount obvious bet unexpected

"Discount the obvious, bet on the unexpected"

― George Soros

trend premise false bet against

"Find the trend whose premise is false, and bet against it."

― George Soros

politics manipulate find truth debate

"Political debate is more interested in manipulating the truth, than finding the truth."

― George Soros

law health business politics undermine society

"Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society."

― George Soros

complex system error

"Unfortunately, the more complex the system, the greater the room for error."

― George Soros

insecrity alert correct errors

"My sense of insecurity keeps me alert, always ready to correct my errors."

― George Soros

politics manipulate find reality

"In politics, manipulating reality can take presidence over finding reality."

― George Soros

revolution stat enthusiasm end tears

"Revolutions usually start with enthusiasm and end in tears."

― George Soros

improvement infinite perfection unattainable

"The scope for improvement is infinite, precisely because perfection is unattainable."

― George Soros

mankind understand control force nature govern ourselves

"Mankind's ability to understand and control the forces of nature greatly exceeds our ability to govern ourselves."

― George Soros

global crisis pathology finance

"The global crisis is caused by pathologies inherent in the global financial system itself."

― George Soros