Markets can influence the events that they anticipate. George Soros More Quotes by George Soros More Quotes From George Soros Political debate is more interested in manipulating the truth, than finding the truth. George Soros finding-out-the-truth debate political If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest. George Soros training survival skills Market prices are always wrong. George Soros always-wrong In politics, manipulating reality can take presidence over finding reality. George Soros findings reality Revolutions usually start with enthusiasm and end in tears. George Soros revolution tears enthusiasm America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process. George Soros germany america needs Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. George Soros successful-investing air reality As an anonymous participant in financial markets, I never had to weigh the social consequences of my actions ... I felt justified in ignoring them on the grounds that I was playing by the rules. George Soros justified financial action When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented. George Soros crowds momentum long I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the distortions find expression in market prices. Those distortions can, occasionally, find ways to affect the fundamentals that market prices are supposed to reflect. George Soros investing expression reality The global crisis is caused by pathologies inherent in the global financial system itself. George Soros pathology crisis financial There is always a divergence between our perception and what actually exists. George Soros divergence perception Who most benefits from keeping marijuana illegal? The greatest beneficiaries are the major criminal organizations in Mexico and elsewhere that earn billions of dollars annually from this illicit trade - and who would rapidly lose their competitive advantage if marijuana were a legal commodity. George Soros mexico marijuana organization The integration of Europe was very much led by a Germany that was always willing to pay a little bit extra to reach a compromise that everybody accepted, because Germany was so eager to get European support for reunification. That was called the "farsighted vision," which created the European Union. George Soros support vision europe Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated. George Soros credit risk use My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes. George Soros framework decision mistake Well, you know, I was a human being before I became a businessman. George Soros wells humans business I wish I could write a book that will be read for as long as our civilization lasts. I would value it much more highly than any business success if I could contribute to an understanding of the world in which we live or, better yet, if I could help to preserve the economic and political system that has allowed me to flourish as a participant. George Soros writing civilization book The scope for improvement is infinite, precisely because perfection is unattainable. George Soros unattainable improvement perfection It is much easier to put existing resources to better use, than to develop resources where they do not exist. George Soros investing easier use
