The 75 best phrases of George Soros
George Soros is a famous Hungarian tycoon and investor, born in the well-known city of Budapest during the year 1930.
As one of the richest people in the world, Soros is a man who has amply demonstrated great investment acumen. Since the 1970s, his philanthropic work has been very relevant to him in his life, supporting fights against racism, drug dependence, homophobia or freedom of expression, some difficult open fronts that, if it weren't for him, would not currently be in the situation where they are today.
- It may interest you: "The 50 best famous phrases of Bill Gates"
Phrases and reflections of tycoon George Soros
As we can see, this famous tycoon has always fought both for his future and for the future of others, a fantastic way of being that all of us have now been able to benefit.
Next we will show you a compilation of the 75 best phrases and thoughts of George Soros, a person who can surely inspire you to act in the right way in your next personal investments.
1. Bush's war in Iraq has done untold damage to the United States. It has eroded 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 tasks.
Armed conflicts can be very detrimental to a country, something that we saw very clearly reflected during the Iraq war.
2. I am not doing my philanthropic work out of any guilt or need to create good public relations. I do it because I can afford to do it, and I believe in it.
Soros has always tried to help those who need it most, he has always thought that the most powerful are those who have a greater duty to society.
3. 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 resulted in extensive costs and negative consequences.
The legalization of marijuana could create a huge emerging market, a sector from which a large part of the population could undoubtedly benefit.
4. We must recognize that, as the world's dominant power, we have a special responsibility. In addition to protecting our national interests, we must take the lead in protecting the common interests of humanity.
The most powerful countries have a moral duty to fight for the rights of all humanity, all human beings must always be protected as far as possible.
5. There is a resurgence of antisemitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It is not specifically anti-Semitism, but it also manifests itself in anti-Semitism.
As a good democrat, Soros is always in disagreement with the representatives of the Republican political party. His ideas and theirs could be said to be totally antagonistic.
6. In my opinion, there is a solution that has to do with democracy, because democratic governments are subject to the will of the people. So, if the people want, they can create international institutions through the democratic states.
International relations are becoming more frequent, most likely in the future we will be able to see how coalitions between states become a very powerful political current.
7. Financial markets are generally unpredictable. So one has to have different scenarios... The idea that you can actually predict what is going to happen contradicts my way of looking at the market.
The world financial market is very volatile, when a small change in international politics can change your values completely.
8. Now that I've called him out on his false accusation, he's using additional smear tactics.
The most powerful people tend to be constantly slandered, something that Soros or anyone in his position can allow to happen.
9. The worse a situation becomes, the less it takes to turn it around, the greater the advantage.
A dramatic situation can be improved with very subtle changes, a fact that undoubtedly makes them much easier to deal with.
10. Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in not correcting our mistakes.
We all make mistakes, but learning from them is what will make us better people in the future.
11. Increasingly, the Chinese will own much more of the world because they will convert their dollar reserves and US government bonds into real assets.
China is a nation with a truly incredible economic power, not in vain do they have great wealth in terms of both material and human resources.
12. I put forward a fairly general theory that financial markets are inherently unstable. That we really have a false image when we think about markets that tend to balance.
As Soros tells us in this quote, financial markets are very unstable. We must not believe in the idea that its growth will always be linear.
13. A full and fair discussion is essential for democracy.
In a fully democratic country, discussions must always be valid, because only through them will it be possible to reach a consensus.
14. The law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.
Political representatives should not pursue economic ends, only those people who show they are really interested in the welfare of others, should accede to these positions.
15. Just as the process of repealing national alcohol prohibition began with individual states repealing their own alcohol laws, prohibition, individual states must now take the lead with regard to repealing prohibition laws dope.
As we can see, Soros is a great defender of the use of marijuana, a plant that many of us know, used in moderation, has great medicinal effects.
16. Stock market bubbles do not grow out of nowhere. They have a solid foundation in reality, but reality is distorted by a misconception.
The stock market fluctuates constantly, some changes within it that on certain occasions are motivated by some human interests.
17. If the terrorists have the sympathy of the people, it is much more difficult to find them. Therefore, we need people on our side, and that leads us to be responsible leaders of the world, to show some concern for the problems.
Iraq is a country whose population has never allowed itself to be subjugated, a very proud people for whom the United States represented a clear threat.
18. Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars. dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annual.
Bringing the marijuana market to the legal level would surely be something that would contribute billions of dollars to American funds. Which would produce a really considerable increase in GDP.
19. Much of the evil in the world is actually unintentional. A lot of people in the financial system did a lot of damage unintentionally.
The big bankers have also contributed by fomenting the malaise of society, since many financial products usually end up producing serious losses for their investors.
20. Proposition 19 is already a winner no matter what happens on Election Day. Just being on the ballot elevated and legitimized the public discourse about marijuana and marijuana policy in ways I couldn't have imagined a year ago.
Thanks to Soros, many of us will be able to end up consuming marijuana in our countries, because Thanks to him, a large number of governments were able to open their eyes to the benefits of this possible sector.
21. Throughout the 19th century, when there was a laissez-faire mentality and insufficient regulation, there was one crisis after another. Each crisis provoked some reform. This is how central banking developed.
The current economic system is designed based on the trial and error technique, the mistakes of the past have contributed generously to make our current well-being possible.
22. Well, you know, I was a human being before I became a businessman.
Soros is an ordinary man at the end of the day, because money, as many of us know, is not everything in life.
23. We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can beat ourselves stuck in a quagmire.
The US is the most powerful nation today, but mismanagement can be truly disastrous even for them.
24. I chose the United States as my home because I value freedom and democracy, civil liberties, and an open society.
The United States is a country which offers us great possibilities of economic growth, it is For this reason, they have currently managed to become the largest economic power in the history.
25. The people currently in charge have forgotten the first principle of an open society, namely that we can be wrong and that there must be free discussion. That it is possible to oppose policies without being unpatriotic.
The opinions of others may also be right, we must always know how to listen to everyone around us.
26. I see a tremendous imbalance in the world. A very uneven playing field, which has been tilted very badly. I consider it unstable. At the same time, I don't see exactly what is going to reverse it.
The world economy is extremely unbalanced, this is something that all of us like Soros can see in our day to day.
27. President Bush is endangering our security, damaging our vital interests, and undermining American values.
As we can see, the Bush administration was never to his liking, something very logical if we take into account that Soros is a man deeply rooted in the Democratic party.
28. 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 solve all problems.
Some state administrations are more destructive than productive, something that if we don't change it over time, we will all end up hurting.
29. My foundations support people in the country who care about an open society. It is his work that I am supporting. So it's not me who does it.
But I can empower them. I can support them and I can help them.
Large employers are capable of employing a truly generous portion of the citizenry, thus contributing greatly to the well-being of an entire society.
30. Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.
The stock market can be a place to lose your money quickly and effectively, one has to know very well what one is doing when investing in it.
31. The reality is that financial markets destabilize themselves; occasionally they tend to imbalance, not balance.
How a market will act in the face of adversity is a mystery and as Soros tells us in this brief quote, they themselves often tend to destabilize.
32. Unbridled competition can lead people to actions they would otherwise regret.
The economic market is a place where only the strongest survive, a fact that makes it very difficult for new companies to succeed within it.
33. Who benefits most from keeping marijuana illegal? The biggest beneficiaries are the major criminal organizations in Mexico and elsewhere that earn billions of dollars. dollars annually from this illicit trade, and who would quickly lose their competitive advantage if marijuana were a commodity legal.
As happened during dry law, drug cartels benefit from their illegality, the best way to combat them effectively will always be legalization.
34. Markets are designed to allow people to attend to their private needs and to seek profit. It really is a great invention and I would never underestimate the value of that. But they are not designed to serve social needs.
The markets do not understand the concept of equality, in some cases it is the State that must try to equalize the job opportunities of all its citizens.
35. When it comes to social consequences, they have all different people acting in different ways, making it very difficult to even have a proper criteria for success. So, it is a difficult task.
The society in which we live is a tremendously complicated organism, how it will respond to external stimuli is something that nobody really knows.
36. When I earned more money than I needed for myself and my family, I laid a foundation for promoting the values and principles of a free and open society.
Money is a necessary good to be able to live the way we want, but it is undoubtedly not everything in life.
37. I would prefer not to get involved in party politics.
His ideal environment has always been business, as we discover in this quote, George Soros has never been interested in being able to enter the world of politics.
38. I think there is a lot of merit in an international economy and global markets, but it is not enough because the markets do not serve social needs.
Economic markets, as this famous economist tells us very well, do not understand social welfare. That is why the states and their administrations must activate mechanisms to control the economy for the good of all their taxpayers.
39. An open society is a society that allows its members the greatest possible degree of freedom in pursuing their interests that are compatible with the interests of others.
A state should never fall into over-legislation. This way of proceeding is unfortunately very widespread and we know that in the long run it ends up seriously damaging any type of economy.
40. He barely knew the man's name... He really made me up. He needed me for his political purposes, so I'm a figment of his imagination.
Soros's greatest mentor was the Austrian philosopher Karl Popper, who taught him that the greatest threats to society were always fascism and communism.
41. So I think what needs to happen is that he needs to be removed from power.
Those who hold power in some nations have shown themselves to be unworthy of that position, a fact that will inevitably change in the future.
42. I don't think you'll see the Fed jump on interest rates.
The United States Federal Reserve is a very important body for its own economy, because thanks to it this nation ensures that it can continue to function in the future.
43. I expect by '07 there will be a significant decline in US consumer spending, and I don't see what will take its place, because it is as important as the engine of the world economy.
Soros saw the crisis of the late 2000s coming from afar, as we can see, the US market holds no mysteries for him.
44. I give away close to 500 million a year around the world promoting the Open Society.
The well-being of people is something very important to him, as an economist he knows very well that only a strong economy will be beneficial for all its members in the future.
45. He's really doing the right thing for himself because he's preserving himself in power, and he puts himself in a position where he can bail out his cronies who are in financial difficulty, including his son, etc
Some politicians use their position to get rich, a practice that no democratic system should ever allow.
46. I think the Brazilian government has done most of the things it promised to do on the fiscal front,... However, it has managed the process of excess foreign currency so badly.
Some governments are simply not prepared to deal with the economic situation in their own country. Only those who have proven to be great managers should be eligible for these positions of responsibility.
47. It's kind of weird because I was the only one found guilty when the whole French establishment was involved.
Justice does not always work the right way on certain occasions, let's keep in mind that it is always executed by simple people and as we know, everyone can make mistakes.
48. I think it will lead to reforms and I am sure the region will recover because it has tremendous energy.
We can always apply those changes that are necessary to strengthen the economy of a certain nation. But we must be brave if we wish to carry it out.
49. I think the whole idea of eradicating the drug problem is a misconception,... You can discourage drug use, you can prohibit drug use, you can treat people who are addicted to drugs, but you cannot eradicate them. Once you accept this point, you can develop a more rational approach to the problem.
Soros is in favor of the legalization of some drugs such as marijuana, because thanks to this we would have a greater control over its sale and distribution, in addition we would also obtain a greater amount of funds for our nation.
50. I think they misunderstood the facts. There were no cases of use of privileged information.
Throughout his life he has been accused on several occasions of acts that he claimed not to have committed, envy can be very harmful to the powerful.
51. More than half of all AIDS cases involving children are directly related to dirty syringes.
Drug addicts must have places where they can get rid of their syringes, otherwise they end up filling the entire place where they live with this undesirable waste.
52. If the bubbles contain a misconception, as they always do, then it can't be kept forever.
Economic bubbles are really dangerous, many people around the world have lost a lot of money over the years because of them.
53. I think I lost my touch some time ago. I'm like an old boxer who shouldn't get in the ring.
Old age is something that takes its toll on all of us, this famous economist is no longer seen with the strength that he once had.
54. The absurdity of its illegality has been clear to me for some time. I learned about marijuana from my kids and realized it was so much better than scotch, and I loved scotch. Then I went to my doctor and he said, I'm excited. You're not drinking too much, you're much better off smoking weed than drinking.
Marijuana is actually a soft drug, so its use in some cases does not usually cause serious damage, always of course that we maintain very moderate doses.
55. Most of the capital (in Indonesia) is in the hands of limited business groups, who don't feel so safe here. Any little risk will get them to take your money to Singapore.
Singapore is a place that undoubtedly offers great tax benefits to those people who move their business headquarters there.
56. We have realized that a large hedge fund like Quantum Fund is no longer the best way to manage money... Markets have become extremely volatile and historical value-at-risk measures no longer apply.
The economy always changes over time and we can currently assure that it is more volatile than ever.
57. This would allow the authority to set a limit on the amounts it is willing to insure.
States must ensure that they have the necessary funds to be able to fight against a possible crisis, if they did not do so, if it arrived, they would not be able to do anything to try to mitigate it.
58. You have the potential for a system-wide collapse if you have a slowdown in economic activity at the core, even as inflationary pressures rise,… We are on the verge of that, yes.
If, when the time comes, our leaders do not know how to take palliative measures, a possible crisis can occur in the authentic debacle of an entire nation.
59. This reorganization took place in the midst of publicity and involved the departure of a large number of employees. Inevitably, this gave rise to rumors... but in fact everything went according to plan.
Large investors are always one step ahead of the rest of the population, because over time they have learned to read the signals that our economy sends us on certain occasions.
60. But recently we've seen financial markets sometimes move more like a wrecking ball, bringing down one economy after another.
The economy of a country is much more fragile than we usually think and a malpractice on the part of a government can be something fatal for the entire population as a whole.
61. This segment has considerable momentum and people are not ready to jump ship as prices rise.
Many people refused to believe in a possible financial crisis, something that would undoubtedly affect them very seriously over time.
62. As the housing boom cools down, there will be a demand shortfall (which will affect) the global economy.
The fall in the real estate market would be a strong shock to the international economy and as we see in this quote, we cannot say that Soros did not warn us.
63. Something is really broken in the international financial architecture. We are now in the 20th month of financial crisis. However, this crisis was brewing, it was the most anticipated crisis in recent history.
Economic crises seem to be becoming more common, many economists currently claim to be able to predict them with some ease.
64. Up to these amounts, interested countries could access international capital markets at preferential rates. Beyond this, creditors would have to be careful.
International finance can be extremely complicated and only those who are very well prepared will be able to invest with some peace of mind within this sector.
65. Now, I haven't worked out the details, because I don't think it's for me to work out the details. It's for them to work out the details.
As they say, the devil hides in the details, because perhaps the most insignificant detail can end up damaging us very seriously over time.
66. There is a problem that I think is brewing, and that is the end of the housing boom in the States. United States and the ability of households to spend more than they earn because the value of their home is increasing.
The real estate market in the US is really voracious and over time the economic bubbles within that sector have given many economists the feeling of being cyclical.
67. This asymmetry in the treatment of lenders and borrowers is a major source of instability in the global capitalist system and needs to be corrected.
Capitalism is not a perfect economic system and who better can tell us about it in detail than George Soros himself.
68. It seems like a careful step, not a huge expansion.
Acting with caution can save us a lot of headaches in terms of financial investments, over time we will all learn not to rush our decision making.
69. No, because I have the same courts that found me guilty in the first place.
The courts have never supported him either for his person or for his personal wealth, if a trial has been favorable to him it has always been due to the correct action of justice.
70. The goal is to provide the best possible management for the assets of my family and foundations that can also be attractive to other investors with similar objectives, and establish a structure that will last beyond my life.
The future of his family is something that has always worried him, for it to be favorable for them, Soros knows that he must leave everything well arranged before he dies.
71. I think it will require the release of funds and maybe even a bigger package to bring stability,... Everything that could have been done wrong has been done wrong.
In moments of acute crisis, states normally inject money into the markets, otherwise they would rarely survive these severe setbacks.
72. I am very concerned about the balance between supply and demand, which is very tight.
Any imbalance between supply and demand seriously damages a certain sector, this balance must be monitored at all times if we want to safeguard our investments.
73. I really want to help people who are hurt. And if I do that, I feel like my money is well spent.
Helping others is always something positive, Soros is fully aware that with his money he can carry out great works for the benefit of all.
74. Clinton has a specific goal of getting China into the WTO, her short-term agenda is getting China in.
The United States and China have always been at odds economically, a financial war that by all accounts the huge Asian country is likely to win.
75. Germans now tend to forget that the euro was largely a Franco-German creation. No country has benefited more from the euro than Germany, both politically and economically. Therefore, what has happened as a result of the introduction of the euro is largely the responsibility of Germany.
The states of northern Europe were undoubtedly the ones that benefited the most from the appearance of the euro, without a doubt they achieved a great competitive advantage with respect to the countries of the south thanks to this currency.