George Soros quotes - page 2

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. (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. View quote
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. View quote
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. View quote
George Soros
My peculiarity is that I don't have a particular style of investing or, more exactly, I try to change my style to fit the conditions. View quote
George Soros
Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to come to rest at an equilibrium point and that point is supposed to be the same irrespective of the interim fluctuations. Instead, as I told Congress, financial markets behaved more like a wrecking ball, swinging from country to country and knocking over the weaker ones. It is difficult to escape the conclusion that the international financial system itself constituted the main ingredient in the meltdown process. View quote
George Soros
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring. View quote
George Soros
I used to be opposed to the idea of social entrepreneurship. I said, you know, let business be business, and philanthropy be philanthropy. Keep the two separate, don't mix it up, and this is what I did, and I did that rather successfully, but I now recognize that actually you do need to mix it up and I think there is room for social entrepreneurship. View quote
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. View quote
George Soros
When it comes to social consequences, they've got all different people acting in different ways, very difficult to even have a proper criterion of success. So, it's a difficult task. View quote
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)
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. View quote
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. View quote
George Soros
Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society. View quote
George Soros
Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge. View quote
George Soros
I'm only rich because I know when I'm wrong. View quote
George Soros
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium. View quote
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. View quote
George Soros
Markets can influence the events that they anticipate. View quote
George Soros
I think that my foundation uses the money better than the government does. In any event, I do pay taxes. View quote
George Soros
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)
My original intention was to spend the money in my lifetime. View quote
George Soros
Proposition 19 already is a winner no matter what happens on election day. The mere fact of its being on the ballot has elevated and legitimized public discourse about marijuana and marijuana policy in ways I could not have imagined a year ago. View quote
George Soros
It is dangerous to build systemic reforms on a close association with one particular government. Systemic reforms need broad public participation and support. That is what makes them irreversible. View quote
George Soros
Although we cannot rid ourselves of misconceptions, we can correct them when we become aware of them. View quote
George Soros