George Soros
George Soros
George Sorosis a Hungarian-American business magnate, investor, philanthropist, political activist and author who is of Hungarian-Jewish ancestry and holds dual citizenship. 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...
NationalityHungarian
ProfessionEntrepreneur
Date of Birth12 August 1930
CityBudapest, Hungary
George Soros quotes about
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.
I think the (Brazilian) government has done most of the things it promised to do on the fiscal front, ... However, it has mismanaged the process so badly that the currency overshot.
No, because I've got the same courts that found me guilty in the first place.
It is a bizarre thing because I was the only one who was found guilty when the whole of the French establishment was involved,
He is actually doing the right thing for himself because he is preserving himself in power, and he puts himself in a position where he can bail out his cronies who are in financial difficulties, including his son and so on,
The markets are always on the side of exuberance or fear. It's fear and greed. Right now greed has the better of it, which is rather nice (for investors) as long as it doesn't get out of hand,
I'm very worried about the supply-demand balance, which is very tight.
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.
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.
My approach works not by making valid predictions but by allowing me to correct false ones.
Democracy, by its very nature, can't be imposed on people. Democracy has to be the people deciding for themselves.
I'm only rich because I know when I'm wrong.
Now that I have called you on your false accusation, you are using additional smear tactics.
The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.