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Quote by 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.”

Quote by George Soros

Author

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. more

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“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

“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.”

World Humanity Interest Leadership Common Responsibility Economy Special Dominant National Interests Common Interests

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

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

“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

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

Turns Situation Bigger

Author: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.”

Reality Grows Air Bases Investment Investing Financial Saving Investors Bubbles Savings Misconception Thin Air Successful Investing

Author:George Soros

“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.”

People World Giving Years Country Care Millions Support Economy Foundation Who Cares Promoting

Author:George Soros

“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.”

Way Ideas Different Happens Investing Financial My Way Investors Unpredictable Scenarios Financial Markets

Author:George Soros

“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.”

Thinking Needs Looks Social Economy International Merit Sufficient

Author: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.”

Ifs Loses Benefits Majors Advantage Organization Trade Dollars Criminals Billions Illegal Marijuana Mexico Elsewhere Commodity Competitive Advantage Beneficiaries

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