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George Soros

George Soros Quotes

Business magnate

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Famous George Soros Quotes

“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.”

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Author:George Soros
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“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.”

IfsLosesBenefitsMajorsAdvantageOrganizationTradeDollarsCriminalsBillionsIllegalMarijuanaMexicoElsewhereCommodityCompetitive AdvantageBeneficiaries
Author:George Soros
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“I would be lying, however, if I claimed that I could always formulate worthwhile hypotheses on the basis of my theoretical framework. Sometimes there were no reflexive processes to be found; sometimes I failed to find them; and, what was the most painful of all, sometimes I got them wrong. One way or another, I often invested without a worthwhile hypothesis and my activities were not very different from a random walk.”

IfsWayDifferentSometimesWould BeLyingFoundProcessWalksActivityBasesInvestingPainfulOne WayWorthwhileHypothesisFrameworkTheoretical
Book:The Alchemy of Finance: Reading the Mind of the Market
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“The only thing that could hurt me is if my success encouraged me to return to my childhood fantasies of omnipotence - but that is not likely to happen as long as I remain engaged in the financial markets, because they constantly remind me of my limitations.”

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Book:The Alchemy of Finance: Reading the Mind of the Market
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“I'll tell you what I'd do if it were up to me: I would establish a strictly controlled distribution network through which I would make most drugs, excluding the most dangerous ones like crack, legally available. Initially I would keep the prices low enough to destroy the drug trade. Once that objective was attained I would keep raising the prices, very much like the excise duty on cigarettes, but I would make an exception for registered addicts in order to discourage crime. I would use a portion of the income for prevention and treatment. And I would foster social opprobrium of drug use.”

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Author:George Soros
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