Best George Soros Quotes
George Soros Quotes About Trading, Investing, Money, God, Government, Forex & Success! George Soros is a prominent Hungarian-American entrepreneur and philanthropist. He was born on August 12, 1930, in Budapest, Hungary. Nazi Germany invaded Hungary When he was 13 years old. As a result of his bravery, he even survived the Attack on Budapest in 1945. In 1947, he came to England and stayed with his uncle.
He attended the London School of Economics and became a student of philosopher Karl Popper. “The Open Society and Its Enemies” profoundly affected him. It was in 1952 when he received his graduation. After finishing his education, he obtained a position as an arbitrage trader and then became a financial analyst at ‘Wertheim & Co.’
Because of his exceptional intelligence, the company ‘Arnhold and S. Bleichroeder promoted him to the position of Vice President. There, he worked for the next ten years, but he never found fulfillment in doing work for other people. Because of this, he felt forced to help establish the investment firm known as the “Quantum Group of Funds.” This business had been quite profitable for Soros and had contributed significantly to his wealth.
The ‘Open Society Foundations,’ which he established to aid those affected by natural disasters, resulted from his efforts. In addition to expanding his network to 37 nations, it has made a considerable contribution to the well-being of the poor. Black Wednesday was a currency crisis in which Soros made a $1 billion profit. He is still a well-known business titan and generous giver. Millions around the world look up to him as an inspiration. His thoughts, attitudes, and convictions are rich sources of inspirational quotes.
Best George Soros Quotes
1. “Well, you know, I was a human being before I became a businessman.”-George Soros
2. “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
3. “First, there is no single sustainable model for national success. Second, the American model, which has indeed been successful, is not available to others.”-George Soros
4. “It’s more difficult, you know, to bring about positive change than it is to make money.”-George Soros
5. “It is much easier to put existing resources to better use than to develop resources where they do not exist.”-George Soros
6. “The assumption of perfect knowledge is suspect because understanding a situation in which one participates cannot qualify as knowledge.”-George Soros
7. “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
8. “In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.”-George Soros
9. “I contend that financial markets never reflect the underlying reality accurately.”-George Soros
10. “The war on terror as defined by President Bush is a one-dimensional presentation of reality.”-George Soros
11. “Nowhere is the role of expectations more clearly visible than in the financial markets.”-George Soros
12. “Short term volatility is greatest at turning points and diminishes as a trend becomes established.”-George Soros
13. “We are bereft of the capacity to preserve peace and to counteract the excesses of the financial markets.”-George Soros
14. “Financial markets constantly anticipate events, both on the positive and on the negative side, which fail to materialize exactly because they have been anticipated.”-George Soros
15. “If there is any place where the theory of perfect competition ought to be translated into practice, it is in the stock market.”-George Soros
16. “We live in a global economy, but the political organization of our global society is woefully inadequate.”-George Soros
17. “I contend that market values are always distorted; moreover-and this is the crucial departure from equilibrium theory-the distortions can affect the underlying values.”-George Soros
18. “Under normal conditions, misconceptions are self-correcting, and the markets tend toward some kind of equilibrium.”-George Soros
19. “But I hate to think what would have happened if I hadn’t made money: My ideas would not have gotten much play.”-George Soros
20. “A full and fair discussion is essential to democracy.”-George Soros
21. “The truth is, successful investing is a kind of alchemy.”-George Soros
22. “It is dangerous to build systemic reforms on a close association with one particular government. Systemic reforms need broad public participation and support…”-George Soros
23. “I claim that market participants are always biased in one way or another.”-George Soros
24. “The very idea that events in the marketplace may affect the shape of the demand and supply curves seems incongruous to those who have been reared on classical economics.”-George Soros
25. “My position is that America is great precisely because it is an open society, and an open society recognizes that nobody is the ultimate arbiter — and that we may be wrong at times, even if we are powerful.”-George Soros
26. “Equilibrium itself has rarely been observed in real-life — market prices have a notorious habit of fluctuating.”-George Soros
27. “When stock prices reinforce the underlying trend, we shall call the trend self-reinforcing; when they work in the opposite direction, self-correcting.”-George Soros
28. “…Democratic governments are subject to the will of the people.”-George Soros
29. “To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.”-George Soros
30. “The worse a situation becomes, the less it takes to turn it around, the bigger the upside.”-George Soros
