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George Soros

George Soros Quotes

Business magnate

George Soros, born on August 12, 1930, is a renowned business magnate and philanthropist. He has significant influence in the global financial markets and is known for his unique investment strategies and philosophy. In the 1970s, Soros founded the Quantum Fund, which achieved substantial wealth growth over the following decades. Apart from his success in business, Soros is committed to promoting global democracy and open societies, supporting various educational and charitable projects through the Soros Foundation.

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Famous George Soros Quotes

“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.”

People Ifs Mind States Government Economy Democracy Subjects Solutions Institutions Democratic International Democratic Government

Author:George Soros

“These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government sponsored entities, Fannie Mae and Freddie Mac. They really kicked off this crisis. The state should set the rules and enforce them - but not become involved as a market player.”

Should States Government Player Dangerous Involved Crisis Financial Partnership Entity Rotten Financial System Private Parts

Author:George Soros

“We in the United States are very often - since we are a democracy and we have national interests, we've often made the mistake that a democracy has to adopt America's interests, and that is a contradiction because a democracy basically is people deciding what their interests are.”

People Made States America Interest United Mistake United States Democracy Contradiction Democracies Have National Interests

Author:George Soros

“In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.”

States Happens Would Be Certain Economy Theory Circumstances Normal Fundamentals Financial Arise Behave Efficient Sequence Disruptive Financial Markets Efficient Markets Disequilibrium

Author: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.”

Country States Used United Results United States Becoming Cost Consequence Negative Substance Illegal Marijuana Other Countries Negative Consequences

Author: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.”

Made States Investing Financial Obvious Uncertainty Unexpected Traders Flux Betting

Author: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.”

War States Done Force United United States Economy Military Duty Projects Iraq Damage Occupation Overwhelming Troops Morale Armed Forces Our Troops Military Power

Author: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.”

States Law Individual Process Alcohol Marijuana Initiative Prohibition Repealing Marijuana Prohibition

Author:George Soros

“Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.”

World States Government Poverty Democracy Weak Misery Investing Dues Internals Strife Ending Poverty World Poverty Bad Government

Author:George Soros

“By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds in their own currency never default, because they can always print money. Their currency may depreciate, but the risk of default is absent.”

May Country States Government Economy Issues Risk Members Creating Economics Print Exposed Currency Absent Default Central Banks Developed Country Depreciate

Author:George Soros

“Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.”

World Stills States Economy Investing International Sovereignty Globalization

Author:George Soros

“The main obstacle to a stable and just world order is the United States.”

World States Order United United States Obstacles Stable World Order

Book:Age of Fallibility: Consequences of the War on Terror

Source: Age of Fallibility: Consequences of the War on Terror

“The sovereignty of states must be subordinated to international law and international institutions.”

States Law Institutions International Sovereignty International Law

Author:George Soros

“Money values do not simply mirror the state of affairs in the real world; valuation is a positive act that makes an impact on the course of events. Monetary and real phenomena are connected in a reflexive fashion; that is, they influence each other mutually. The reflexive relationship manifests itself most clearly in the use and abuse of credit.”

Source: The Alchemy of Finance: Reading the Mind of the Market

“The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. And I think that's rather shocking for Americans to hear.”

Thinking World Ideas States Happens Order United Opinion United States Investing Obstacles Stable Shocking World Order Prevailing

Author:George Soros

About the Author

Born: August 12, 1930
Known for: Business magnate
Quotes: 201

Related Topics

Investing Financial Ifs World Economy Needs Financial Markets Interest States Government People Country Democracy Germany Political Trends Use Values Crisis Doe

Popular Topics

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Books & Sources

The Alchemy of Finance: Reading the Mind of the MarketRelated source material

Soros on Soros: Staying Ahead of the CurveRelated source material

The Alchemy of FinanceRelated source material

Age of Fallibility: Consequences of the War on TerrorRelated source material

Open Society Reforming Global Capitalism ReconsideredRelated source material

My PhilanthropyRelated source material

Open Society: Reforming Global CapitalismRelated source material

The Age of Fallibility: Consequences of the War on TerrorRelated source material

The Crash of 2008 and What it Means: The New Paradigm for Financial MarketsRelated source material

The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It MeansRelated source material

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