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George Soros

George Soros Quotes

Business magnate

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Famous George Soros Quotes

“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.”

WorldRealStatesUseValuesCoursesInfluenceFashionEventsAbuseMirrorsImpactInvestingAffairConnectedCreditReal WorldMonetaryValuationUse And Abuse
Book:The Alchemy of Finance: Reading the Mind of the Market
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“We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of making money.”

TryingUseStageStyleManagementInvestingMaking MoneyFundTrendsPublic ServiceExoticDerivativesReversal
Book:Soros on Soros: Staying Ahead of the Curve
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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.”

IfsEnoughUseOrderSocialDangerousCrimeDutyDrugLowsTradeAvailableLibertarianIncomeObjectivesExceptionTreatmentCracksControlledPortionsCigaretteAddictDistributionDiscouragingPreventionDrug Use
Author:George Soros
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