“It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros
Famous George Soros Quotes
- “Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.”
2. “It is much easier to put existing resources to better use, than to develop resources where they do not exist.”
3. “The world order needs a major overhaul.”
4. “The anti-resource curse initiative has stronger legs than most and that has made me very enthusiastic.”
5. “I believe the market prices are always wrong in the sense that they present a biased view of the future.”
6. “Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.”
7. “I’m only rich because I know when I’m wrong.”
8. “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.”
9. “The only thing that could hurt me is if my success encouraged me to return to my childhood fantasies of omnipotence — but that is not likely to happen as long as I remain engaged in the financial markets, because they constantly remind me of my limitations.” – George Soros
10. “It is much easier to put existing resources to better use, than to develop resources where they do not exist.”
Inspirational George Soros Quotes
11. “Although we cannot rid ourselves of misconceptions, we can correct them when we become aware of them.”
12. “I’m only rich because I know when I’m wrong.”
13. “It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.”
14. “Misconceptions play a prominent role in my view of the world.”
15. “If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.”
16. “Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”
17. “My main concern is with the world order”
18. “Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.”
19. “Unrestrained competition can drive people into actions that they would otherwise regret.”
George Soros Quotes on Money
20. “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.”
21. “At present, the developed countries condescend to the developing ones.”
22. “The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.”
23. “The people currently in charge have forgotten the first principle of an open society, namely that we may be wrong and that there has to be free discussion. That it’s possible to be opposed to the policies without being unpatriotic.” – George Soros
24. “The main obstacle to further progress on the resource curse is China, and to a lesser extent India.”
25. “It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.”
26. “I chose America as my home because I value freedom and democracy, civil liberties and an open society.”
27. “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.”
28. “The worse a situation becomes the less it takes to turn it around, the bigger the upside.”
29. “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
30. “When I had made more money than I needed for myself and my family, I set up a foundation to promote the values and principles of a free and open society.”
About George Soros
George Soros is a Hungarian-American businessman and philanthropist. As of March 2021, he had a net worth of US$8.6 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune.