Quotes by George Soros

About George Soros:

George Soros is a Hungarian-born American business magnate, investor, author, and philanthropist. He is chairman of Soros Fund Management. He is known as “The Man Who Broke the Bank of England” because of his short sale of US$10 billion worth of pounds, making him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis. Soros is one of the 30 richest people in the world.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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

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

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

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

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

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

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

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

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

George Soros

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

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

George Soros

As I like to put it, we have hit pay dirt. The effort to cure the resource curse is a good example of what private foundations working with NGOs can accomplish.

George Soros

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

George Soros

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

George Soros

Everybody says that I have a lot of power. But what does that power consist of?... Can I influence governments? I am beginning to be able to..." (1995)

George Soros

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

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

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

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

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

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

Author Bio

  • NameGeorge Soros
  • DescriptionHungarian-American business magnate, investor, and philanthropist
  • AliasesSchwartz György; Soros György
  • BornAugust 12, 1930
  • CountryUnited States Of America
  • ProfessionBusiness Magnate; Investor; Philanthropist; Esperantist; Philosopher; Writer; Economist; Financier
  • AwardsAdam Smith Award; Freedom Award