[Ultimate 90+] Best George Soros Quotes On Trading

George Soros Quotes | George Soros was born on August 12, 1930. He is a Hungarian-born American, billionaire investor and philanthropist.

He was born in Budapest to a non-observant Jewish family, Soros survived the Nazi occupation of Hungary and moved to the United Kingdom in 1947. He studied at the London School of Economics and was awarded a BSc in philosophy in 1951, and then a Master of Science degree, also in philosophy, in 1954.

Soros is known as “The Man Who Broke the Bank of England” because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis.

Let’s read some great inspirational quotes about George Soros.


George Soros Quotes On Trading


“The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.”

George Soros


“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


“A full and fair discussion is essential to democracy.”

George Soros


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

George Soros


“We are the most powerful nation on earth. No external power, no terrorist organization, can defeat us. But we can defeat ourselves by getting caught in a quagmire.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“I’m not doing my philanthropic work, out of any kind of guilt, or any need to create good public relations. I’m doing it because I can afford to do it, and I believe in it.”

George Soros


“I chose America as my home because I value freedom and democracy, civil liberties and an open society.”

George Soros


“The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.”

George Soros


“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


“When I had made more money than I needed for myself and my family, I set up a foundation to promote the values and principles of a free and open society.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

George Soros Trading Tips


“Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.”

George Soros


“The worse a situation becomes the less it takes to turn it around, the bigger the upside.”

George Soros


“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 under-estimate the value of that, but they’re not designed to take care of social needs.”

George Soros


“Bush’s war in Iraq has done untold damage to the United States. It has impaired our military power and undermined the morale of our armed forces. Our troops were trained to project overwhelming power. They were not trained for occupation duties.”

George Soros


“I see tremendous imbalance in the world. A very uneven playing field, which has gotten tilted very badly. I consider it unstable. At the same time, I don’t exactly see what is going to reverse it.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“If the terrorists have the sympathy of people, it’s much harder to find them. So we need people on our side, and that leads us to be responsible leaders of the world, show some concern with the problems.”

George Soros


“Just as the process of repealing national alcohol prohibition began with individual states repealing their own prohibition laws, so individual states must now take the initiative with respect to repealing marijuana prohibition laws.”

George Soros


“There is a resurgence of anti-Semitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It’s not specifically anti-Semitism, but it does manifest itself in anti-Semitism as well.”

George Soros


George Soros Quotes On Investing


“I think there’s a lot of merit in an international economy and global markets, but they’re not sufficient because markets don’t look after social needs.”

George Soros


“President Bush is endangering our safety, hurting our vital interests, and undermining American values.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“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


“Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government bonds into real assets.”

George Soros


“Well, you know, I was a human being before I became a businessman.”

George Soros


“We must recognize that as the dominant power in the world we have a special responsibility. In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.”

George Soros


“My foundations support people in the country who care about an open society. It’s their work that I’m supporting. So it’s not me doing it. But I can empower them. I can support them, and I can help them.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“Now that I have called you on your false accusation, you are using additional smear tactics.”

George Soros


“An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.”

George Soros


“When it comes to social consequences, they’ve got all different people acting in different ways, very difficult to even have a proper criterion of success. So, it’s a difficult task.”

George Soros


George Soros Quotes On Money


“Proposition 19 already is a winner no matter what happens on election day. The mere fact of its being on the ballot has elevated and legitimized public discourse about marijuana and marijuana policy in ways I could not have imagined a year ago.”

George Soros


“Throughout the 19th century, when there was a laissez-faire mentality and insufficient regulation, you had one crisis after another. Each crisis brought about some reform. That is how central banking developed.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.”

George Soros


“Unrestrained competition can drive people into actions that they would otherwise regret.”

George Soros


“I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium.”

George Soros


“To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people. So, if the people will it, you can actually create international institutions through the democratic states.”

George Soros


“I would prefer not to be involved in party politics.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“Market fundamentalists recognize that the role of the state in the economy is always disruptive, inefficient, and generally has negative connotations. This leads them to believe that the market mechanism can take care of all the problems.”

George Soros


“Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.”

George Soros


George Soros Famous Quotes


“I give away something up to $500 million a year throughout the world promoting Open Society. My foundations support people in the country who care about an open society. It’s their work that I’m supporting. So it’s not me doing it.”

George Soros


“The criminalization of marijuana did not prevent marijuana from becoming the most widely used illegal substance in the United States and many other countries. But it did result in extensive costs and negative consequences.”

George Soros


“The people currently in charge have forgotten the first principle of an open society, namely that we may be wrong and that there has to be free discussion. That it’s possible to be opposed to the policies without being unpatriotic.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“Well, you know, I was a human being before I became a businessman.”

George Soros


“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


“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


“It’s more difficult, you know, to bring about positive change than it is to make money.”

George Soros


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

George Soros


George Soros Quotes Images
George Soros Quotes Images

“The assumption of perfect knowledge is suspect because understanding a situation in which one participates cannot qualify as knowledge.”

George Soros


“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


“In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.”

George Soros


Inspirational George Soros Quotes


“I contend that financial markets never reflect the underlying reality accurately.”

George Soros


“The war on terror as defined by President Bush is a one-dimensional presentation of reality.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“Nowhere is the role of expectations more clearly visible than in the financial markets.”

George Soros


“Short term volatility is greatest at turning points and diminishes as a trend becomes established.”

George Soros


“We are bereft of the capacity to preserve peace and to counteract the excesses of the financial markets.”

George Soros


“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


“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


George Soros Quotes Images
George Soros Quotes Images

“We live in a global economy, but the political organization of our global society is woefully inadequate.”

George Soros


“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


“Under normal conditions, misconceptions are self-correcting, and the markets tend toward some kind of equilibrium.”

George Soros


“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


“A full and fair discussion is essential to democracy.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“Why We Must Not Reelect President Bush’.

George Soros


“The truth is, successful investing is a kind of alchemy.”

George Soros


“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


“I claim that market participants are always biased in one way or another.”

George Soros


Short George Soros Quotes On Trading


“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


George Soros Quotes Images
George Soros Quotes Images

“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


“Equilibrium itself has rarely been observed in real-life — market prices have a notorious habit of fluctuating.”

George Soros


“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


“…democratic governments are subject to the will of the people.”

George Soros


“To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.”

George Soros


“The worse a situation becomes, the less it takes to turn it around, the bigger the upside.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.”

George Soros


“To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people.”

George Soros


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

George Soros


“It is credit that matters, not money (in other words, monetarism is a false ideology).”

George Soros


“The people currently in charge have forgotten the first principle of an open society, namely that we may be wrong and that there has to be free discussion.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

Inspirational George Soros Quotes On Money


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

George Soros


“The world order needs a major overhaul.”

George Soros


“Eventually the gap between reality and its false interpretation becomes unsustainable, and the bubble bursts.”

George Soros


“I fancied myself as some kind of god. If truth be known, I carried some rather potent messianic fantasies with me from childhood, which I felt I had to control, otherwise they might get me in trouble.”

George Soros


“We must recognize that as the dominant power in the world we have a special responsibility.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“I do not accept the rules imposed by others…. And in periods of regime change, the normal rules don’t apply.”

George Soros


“Unfortunately, the more complex the system, the greater the room for error.”

George Soros


“The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).”

George Soros


“President Bush is endangering our safety, hurting our vital interests, and undermining American values.”

George Soros


“A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

Some More George Soros Forex Quotes


“At present, the developed countries condescend to the developing ones.”

George Soros


“Each state is guided by its interests, not by some nebulous concept of common interest.”

George Soros


“Misconceptions play a prominent role in my view of the world.”

George Soros


“On the abstract level, I have turned the belief in my own fallibility into the cornerstone of an elaborate philosophy.”

George Soros


“If the United States fails to provide the right kind of leadership our civilization may destroy itself. That is the unpleasant reality that confronts us.”

George Soros


George Soros Quotes Images
George Soros Quotes Images

“I commissioned two political experts to advise me about what I could do to oppose the re-election of President Bush.”

George Soros


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