George Soros Quotes

I'm only rich because I know when I'm wrong.

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.

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

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

Scientific method seeks to understand things as they are, while alchemy seeks to bring about a desired state of affairs. To put it another way, the primary objective of science is truth, - that of alchemy, operational success.

How good are markets in predicting real-world developments? Reading the record, it is striking how many calamities that I anticipated did not in fact materialise. Financial markets constantly anticipate events, both on the positive and on the negative side, which fail to materialise exactly because they have been anticipated. It is an old joke that the stock market has predicted seven of the last two recessions. Markets are often wrong.

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.

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

At present, the developed countries condescend to the developing ones.

The fact that a thesis is flawed does not mean that we should not invest in it as long as other people believe in it and there is a large group of people left to be convinced. The point was made by John Maynard Keynes when he compared the stock market to a beauty contest where the winner is not the most beautiful contestant but the one whom the greatest number of people consider beautiful. Where I have something significant to add is in pointing out that it pays to look for the flaws; if we find them, we are ahead of the game because we can limit our losses when the market also discovers what we already know. It is when we are unaware of what could go wrong that we have to worry.

It’s not whether you’re right or wrong that’s important,” George Soros once said, “but how much money you make when you’re right and how much you lose when you’re wrong.” You can be wrong half the time and still make a fortune.

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

My main concern is with the world order

The world order needs a major overhaul.

There is a powerful case for the market mechanism, but it is not that markets are perfect; it is that in a world dominated by imperfect understanding, markets provide an efficient feedback mechanism for evaluating the results of one's decisions and correcting mistakes.

I start from the position that every human endeavor is flawed: if we were to discard everything that is flawed there would be nothing left. We must therefore make the most of what we have; the alternative is to embrace death. The choice is a real one, because death can be embraced in a number of ways; the pursuit of perfection and eternity in all its manifestations is equivalent to choosing the idea of death over the idea of life. If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one's conceptions and what one does about them. Life can be seen as a fertile fallacy.

According to George Soros, what’s important is not whether you’re right or wrong about the market. What’s important is how much money you make when you’re right about a trade, and how much money you lose when you’re wrong.

I developed a theory of salesmanship based on the principle that one must not on any account identify oneself with the merchandise one is selling. Selling is a game where you score when you make a sale. If you allow your ego to be involved, the customer can brush you off and you lose; but if you do not identify yourself with your work you will be able to redouble your efforts when you are rejected, and if you make a sale you come out the winner.

On the abstract level, I have turned the belief in my own fallibility into the cornerstone of an elaborate philosophy. On a personal level, I am a very critical person who looks for defects in myself as well as in others. But, being so critical, I am also quite forgiving. I couldn't recognize my mistakes if I couldn't forgive myself. To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride. Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes.

Values are closely associated with with the concept of self - a reflexive concept if ever there was one. What we think has a much greater bearing on what we are than on the world around us. What we are cannot possibly correspond to what we think we are, but there is a two-way interplay between the two concepts. As we make our way in the world our sense of self evolves. The relationship between what we think we are and what we are in reality is the key to happiness - in other words, it provides the subjective meaning of life.

The virtue of capitalism is that society can take advantage of people’s greed rather than their benevolence, but there is no need to, in addition, extol such greed as a moral (or intellectual) accomplishment (the reader can easily see that, aside from very few exceptions like George Soros, I am not impressed by people with money).

In my view, philanthropy goes against the grain; therefore it generates a lot of hypocrisy and many paradoxes. Here are some examples: Philanthropy is supposed to be devoted to the benefit of others, but philanthropists are primarily concerned with their own benefit; philanthropy is supposed to help people, yet it often makes people dependent and turns them into objects of charity; applicants tell foundations what they want to hear, then proceed to do what the applicant wants to do.

The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don't have much personal use for money. But I hate to think what would have happened if I hadn't made money: My ideas would not have gotten much play.

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.

Perhaps you were too idealistic. I admit it. But I don't believe I overestimate the importance of ideals. Only when people believe in something can they move the world. The trouble is that people simply don't believe in open society as a goal worth fighting for.

My father will sit down and give you theories to explain why he does this or that," the son of the billionaire investor George Soros has said. "But I remember seeing it as a kid, and thinking, At least half of this is bull. I mean, you know the reason he changes his position on the market or whatever is because his back starts killing him. He literally goes into a spasm, and it's this early warning sign.

In fact, many of the most famous anti-Christian polemicists of the last 200 years—who sought to use science to justify their unbelief—never themselves set foot in a laboratory or conducted a single field observation. That includes the Marquis de Sade (a writer), Percy Bysshe Shelley (a poet), Friedrich Nietzsche (a philologist by training), Algernon Swinburne (a poet), Bertrand Russell (a philosopher), Karl Marx (a philosopher), Robert Ingersoll (a lecturer), George Bernard Shaw (a playwright), Vladimir Lenin (a communist revolutionary), Joseph Stalin (a communist dictator), H. L. Mencken (a newspaper columnist), Jean-Paul Sartre (a philosopher), Benito Mussolini (a fascist dictator), Luis Buñuel (Spanish filmmaker), Clarence Darrow (a lawyer), Ayn Rand (a novelist), Christopher Hitchens (a journalist), Larry Flynt (a pornographer), George Soros and Warren Buffett (investors), and Penn and Teller (magicians).

Economic theory is devoted to the study of equilibrium positions. The concept of equilibrium is very useful. It allows us to focus on the final outcome rather than the process that leads up to it. But the concept is also very deceptive. It has the aura of something empirical: since the adjustment process is supposed to lead to an equilibrium, an equilibrium position seems somehow implicit in our observations. That is not true. Equilibrium itself has rarely been observed in real life — market prices have a notorious habit of fluctuating.

Although we cannot rid ourselves of misconceptions, we can correct them when we become aware of them.

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)

The main obstacle to further progress on the resource curse is China, and to a lesser extent India.

Win elections through right-wing populism that taps into people’s outrage over the corruption and inequities wrought by unbridled globalization. Enrich corrupt oligarchs who in turn fund your politics. Create a vast partisan propaganda machine. Redraw parliamentary districts to entrench your party in power. Pack the courts with right-wing judges and erode the independence of the rule of law. Keep big business on your side with low taxes and favorable treatment. Demonize your political opponents through social media disinformation. Attack civil society as a tool of George Soros. Cast yourself as the sole legitimate defender of national security. Wrap the whole project in a Christian nationalist message that taps into the longing for a great past. Offer a sense of belonging for the disaffected masses. Relentlessly attack the Other: immigrants, Muslims, liberal elites.

The prevailing wisdom is that markets are always right. I take the opposition position. I assume that markets are always wrong. Even if my assumption is occasionally wrong, I use it as a working hypothesis. It does not follow that one should always go against the prevailing trend. On the contrary, most of the time the trend prevails; only occasionally are the errors corrected. It is only on those occasions that one should go against the trend. This line of reasoning leads me to look for the flaw in every investment thesis. ... I am ahead of the curve. I watch out for telltale signs that a trend may be exhausted. Then I disengage from the herd and look for a different investment thesis. Or, if I think the trend has been carried to excess, I may probe going against it. Most of the time we are punished if we go against the trend. Only at an inflection point are we rewarded.

As Minsky argued, stability destabilizes. This is an aspect of what George Soros, the successful speculator and innovative economic thinker, calls ‘reflexivity’: the way human beings think determines the reality in which they live.

To others, being wrong is a source of shame.  To me, recognizing my mistakes is a source of pride.  Once we realize that imperfect understanding is the human condition, there’s no shame in being wrong, only in failing to correct our mistakes." – George Soros, Soros on Soros

It's more difficult, you know, to bring about positive change than it is to make money. It's much easier to make money, because it's a much easier way to measure success — the bottom line. 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. Why not use an entrepreneurial, rather than a bureaucratic, approach. As long as people genuinely care for the people they're trying to help, they can actually do a lot of good.

Az adott társadalmi szituációk résztvevőiként mindannyiunknak rendelkeznünk kell bizonyos nézetekkel, amelyek alapján cselekszünk. De milyen alapon cselekedjünk, amennyiben elfogadjuk, hogy nézeteink nagy valószínűséggel tévesek, de legalábbis a valóság hiányos vetületei. A válasz ugyanaz, mint amit Popper adott a tudományos módszerre: nézeteinket átmeneti igazságokként kell kezelni, és közben biztosítani kell az állandó felülvizsgálatot. Ez a nyílt társadalom alaptétele.

George Soros "predicted" the 2020 economic crisis, and here we are the world is facing the economic crisis due to the COVIS-19. Soros also wrote the book called "Reforming Global Capitalism" The questions is this a preparation or a prediction of the Reforming Global Capitalism or the New World Order (NWO) is taking place!

This approach, built on the “wisdom of the crowd” concept, has been called “the crowd within.” The billionaire financier George Soros exemplifies it. A key part of his success, he has often said, is his mental habit of stepping back from himself so he can judge his own thinking and offer a different perspective—to himself.

But while you may find yourself interested in the attack of free speech, or surveillance of your carbon footprint, you might be saying to yourself, I wonder what George Soros is doing these days? Well, even though he’s ninety-one years old, he decided to show up at the World Economic Forum in Davos in 2022 to give his thoughts:

I wish I could write a book that will be read for as long as our civilization lasts... I would value it much more highly than any business success if I could contribute to an understanding of the world in which we live or, better yet, if I could help to preserve the economic and political system that has allowed me to flourish as a participant.

Life is beautiful and full of variety and adventure. But luck must be on your side.

I'm not doing my philanthropic work, out of any kind of guilt, or any need to create good public relations. I'm doing it because I can afford to do it, and I believe in it.

The anti-resource curse initiative has stronger legs than most and that has made me very enthusiastic.

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.

Demand may be a suitable subject for psychologists, supply may be the province of engineers or management scientists; both are beyond the scope of economics.

George Soros survived World War II by working as an assistant to an official in the fascist government whose job was to confiscate the property of Jews headed to the gas chambers.9 After the war, Soros relocated to England,10 where he attended the London School of Economics and was influenced by one-worldism and the prospect of perfecting humanity through social engineering.

FALSE EQUIVALENCY If you compare the Koch brothers to George Soros and you compare MSNBC to FOX News then why not compare the NAACP to the Ku Klux Klan, George Washington to King George, Abraham Lincoln to Jefferson Davis, Barack Obama to Vladimir Putin; If you compare the Democratic party to the Republican party then why not compare Citizens United with Brown versus Board of Education, Churchill to Mussolini, Martin Luther King to George Wallace; If you compare Liberals to Conservatives then why not compare Boxing to Cage Fighting, Mozart to Salieri, Edward Kennedy Ellington to Lawrence Welk, Three Card Monty to Inside Trading, John Birks Gillespie to Cab Callaway; If you are mentally slothful enough to engage in false equivalency, why not go all the way? Pretend that ignorance equates with knowledge, Science with Mythology and empathy with apathy?

The “German problem” after 1970 became how to keep up with the Germans in terms of efficiency and productivity. One way, as above, was to serially devalue, but that was beginning to hurt. The other way was to tie your currency to the deutsche mark and thereby make your price and inflation rate the same as the Germans, which it turned out would also hurt, but in a different way. The problem with keeping up with the Germans is that German industrial exports have the lowest price elasticities in the world. In plain English, Germany makes really great stuff that everyone wants and will pay more for in comparison to all the alternatives. So when you tie your currency to the deutsche mark, you are making a one-way bet that your industry can be as competitive as the Germans in terms of quality and price. That would be difficult enough if the deutsche mark hadn’t been undervalued for most of the postwar period and both German labor costs and inflation rates were lower than average, but unfortunately for everyone else, they were. That gave the German economy the advantage in producing less-than-great stuff too, thereby undercutting competitors in products lower down, as well as higher up the value-added chain. Add to this contemporary German wages, which have seen real declines over the 2000s, and you have an economy that is extremely hard to keep up with. On the other side of this one-way bet were the financial markets. They looked at less dynamic economies, such as the United Kingdom and Italy, that were tying themselves to the deutsche mark and saw a way to make money. The only way to maintain a currency peg is to either defend it with foreign exchange reserves or deflate your wages and prices to accommodate it. To defend a peg you need lots of foreign currency so that when your currency loses value (as it will if you are trying to keep up with the Germans), you can sell your foreign currency reserves and buy back your own currency to maintain the desired rate. But if the markets can figure out how much foreign currency you have in reserve, they can bet against you, force a devaluation of your currency, and pocket the difference between the peg and the new market value in a short sale. George Soros (and a lot of other hedge funds) famously did this to the European Exchange Rate Mechanism in 1992, blowing the United Kingdom and Italy out of the system. Soros could do this because he knew that there was no way the United Kingdom or Italy could be as competitive as Germany without serious price deflation to increase cost competitiveness, and that there would be only so much deflation and unemployment these countries could take before they either ran out of foreign exchange reserves or lost the next election. Indeed, the European Exchange Rate Mechanism was sometimes referred to as the European “Eternal Recession Mechanism,” such was its deflationary impact. In short, attempts to maintain an anti-inflationary currency peg fail because they are not credible on the following point: you cannot run a gold standard (where the only way to adjust is through internal deflation) in a democracy.

An investment philosophy is a set of beliefs about: the nature of investment reality: how markets work, why prices move; a theory of value, including how value can be identified, and what causes profits and losses; and the nature of a good investment.

George Soros, one of the leading billionaire leftists—he has financed groups promoting abortion, atheism, same-sex marriage, and gargantuan government—bankrolled Sojourners with a $200,000 grant in 2004,” wrote Marvin Olasky, the editor of World, an evangelical magazine, in 2010. “Since then Sojourners has received at least two more grants from Soros organizations. Sojourners revenues have more than tripled—from $1,601,171 in 2001–2002 to $5,283,650 in 2008–2009—as secular leftists have learned to use the religious left to elect Obama and others.

Every aspect of life should be judged soberly and objectively. To hate someone just because of this or that religious belief, or because the color of his skin is different from yours – this is contrary to sober human logic. It’s the person who matters, not his race, religion or color.

Soros had his own reform, promoted by the Open Society Institute, that he saw as compatible with the initiatives that became known as HillaryCare. He called it, with characteristic bluntness, The Project on Death in America.22 Its rationale was compassionate: to embed hospices and "palliative

possibility is that the crisis happened partly because the economic models of the mainstream rendered that outcome ostensibly so unlikely in theory that they ended up making it far more likely in practice. The insouciance encouraged by the rational-expectations and efficient-market hypotheses made regulators and investors careless. As Minsky argued, stability destabilizes. This is an aspect of what George Soros, the successful speculator and innovative economic thinker, calls ‘reflexivity’: the way human beings think determines the reality in which they live.5 Naive economics helps cause unstable economies. Meanwhile,

We are accustomed to think of events as a sequence of facts: one set of facts follows another in a never-ending chain. When a situation has thinking participants, the chain does not lead directly from fact to fact. It links a fact to the participants' thinking and then connects the participants' thinking to the next set of facts.

How do you see your own Jewish identity? I am proud of being a Jew-although I must admit it took me practically a lifetime to get there. I have suffered from the low self-esteem that is the bane of the assimilationist Jew. This is a heavy load that I could shed only when I recognized my success. I identify being a Jew with being in a minority. I believe that there is such a thing as a Jewish genius; one need only look at the Jewish achievements in science, in economic life, or in the arts. These were the results of Jews' efforts to transcend their minority status, and to achieve something universal. Jews have learned to consider every question from many different viewpoints, even the most contradictory ones. Being in the minority, they are practically forced into critical thinking. If there is anything of this Jewish genius in me, it is simply the ability to think critically. To that extent, Jewishness is an essential element of my personality and, as I said, I am very proud of that.

Soros' agenda is hidden and his goals are not made public because they are based on a radical vision of social change that most Americans not only reject but fear. But this agenda involving a radical change of American institutions has subverted and taken over the Democratic Party. The Soros agenda, in fact, has become the Obama agenda.

in December 2006, Soros summoned Barack Obama, elected to the U.S. Senate only two years earlier, to a meeting in his New York office. Just a few weeks later — on January 16, 2007 when Obama announced that he would form a presidential exploratory committee — Soros immediately sent the senator a contribution of $2,100, the maximum amount

Soros maintained that the proper long-term response to 9/11 would be for America to launch a global war on poverty by sending massive amounts of aid to impoverished regions around the world where terrorism flourished. Terrorism, Soros maintained, was the result of a "growing inequality between rich and poor, both within countries and among countries."34 34

The very first sentence of the September 2002 National Security Strategy (the President's annual laying out to Congress of the country's security objectives) reads, "The great struggles of the twentieth century between liberty and totalitarianism ended with a decisive victory for the forces of freedom and a single sustainable model for national success: freedom, democracy, and free enterprise." The assumptions behind this statement are false on two counts. First, there is no single sustainable model for national success. Second, the American model, which has indeed been successful, is not available to others, because our success depends greatly on our dominant position at the center of the global capitalist system, and we are not willing to yield it.

You know, I learned at a very early age that what kind of social system or political system prevails is very important. Not just for your well-being, but for your very survival. Because, you know, I could have been killed by the Nazis. I could have wasted my life under the Communists. So, that's what led me to this idea of an open society. And that is the idea that is motivating me.

I CAN STATE THE CORE IDEA in two relatively simple propositions. One is that in situations that have thinking participants, the participants’ view of the world is always partial and distorted. That is the principle of fallibility. The other is that these distorted views can influence the situation to which they relate because false views lead to inappropriate actions. That is the principle of reflexivity.

Tell us about the crisis of 1981. It started much earlier, around the time I spelled out my three-stage strategy. Here I was, extremely successful, but I made a point of denying my success. I worked like a dog. I felt that it would endanger my success if I abandoned my sense of insecurity. And what was my reward? More money, more responsibility, more work-and more pain-because I relied on pain, as a decision-making tool.

Now the Alinskyites had their hands on the federal money spigot. Ohlin and his colleagues directed the very first CAP grant into a program at Syracuse University through which Alinsky personally trained community activists.23 The federal government spent more than $300 billion on War on Poverty programs in the first five years. Much of this money went to street radicals such as Alinsky. During the Sixties, Alinsky’s under-the-radar influence was

But I don't like working. I do the absolute minimum that is necessary to reach a decision. There are many people who love working. They amass an inordinate amount of information, much more than is necessary to reach a conclusion. And they become attached to certain investments because they know them intimately. I am different. I concentrate on the essentials. When I have to, I work furiously because I am furious that I have to work. When I don't have to, I don't work.

HillaryCare. He called it, with characteristic bluntness, The Project on Death in America.22 Its rationale was compassionate: to embed hospices and "palliative" care in U.S. health policy. But its basic objective was more pragmatic: rationing care to terminal and seriously ill patients for whom medical attention offered little payoff and who were thus a burden on the system. It was the direct forerunner of the "death panels" of ObamaCare that drew fire from the political right in the next decade.

LTCM is now a classic case of “fat tails” in finance. Portfolio math mimics diffusion physics—a scattergram of the outcomes from trillions of small random movements maps smoothly onto a bell curve. In well-behaved markets, finance looks much the same. But markets are rarely well-behaved for long, and big deviations from the norm happen very frequently in finance—the finance bell curve, that is, has fat tails. When Russia defaulted on its sovereign bonds in 1998, it was a fat tail for LTCM, and it was on the wrong side of the trade, with very heavy leverage.

Lehetnek igaz állításaink azokról a helyzetekről, amelyeknek nem vagyunk résztvevői, és a saját helyzeteink megértése során is többé-kevésbé megközelíthetjük az igazságot. Mindazonáltal a valóság és a saját világképünk között mindenképpen van némi eltérés, és ez az eltérés a valóság részét képezi. Ezért olyan bonyolult a valóság, és ezért válik lehetetlenné a teljes megértés. A valóság mozgó célpont, amely mindörökre meghaladja képességeinket. A részvétel és a megértés hatnak egymásra, és ezáltal biztossá válik a megértés tökéletlensége, valamint az, hogy cselekedeteink nem várt következményekkel járnak.

The Motor-Voter bill eliminated many controls on voter fraud, making it easy to register but difficult to determine the validity of new registrations. Under the new law, states were required to provide opportunities for voter registration to any person who showed up at a government office to renew a driver’s license or apply for welfare or unemployment benefits. “Examiners were under orders not to ask anyone for identification or proof of citizenship,” notes Wall Street Journal columnist John Fund in his book, Stealing Elections. “States also had to permit mail-in voter registrations, which allowed anyone to register without any personal contact with a registrar or election

Now look at the ideology of American supremacy. It has a solid foundation in reality; namely, the United States is the dominant power in the world. The current government believes the United States ought to use this dominant position to impose its will on the world. That is the misconception. This approach is not what made America great. America did not arrive at its dominant position by imposing its will on the world. My position is that America is great precisely because it is an open society, and an open society recognizes that nobody is the ultimate arbiter — and that we may be wrong at times, even if we are powerful. We must be open to criticism and respect divergent and different views and interests.

These are a substantial number of “they” who once a year meet to deliberate the fate of national economies and, hence, entire populations. Many of them also believe in the mandate of eugenics, the practice of improving the human race to include reducing the population. Know that we do not have the names of every attendee. Only those who authorize the release of their names get mentioned in the public media. Daniel Estulin, author of The True Story of the Bilderberg Group, wrote that the group’s membership and meeting participants have represented a “who’s who” of the world power elite with familiar names like David Rockefeller, Henry Kissinger, Bill and Hillary Clinton, Gordon Brown, Angela Merkel, Alan Greenspan, Ben Bernanke, Larry Summers, Tim Geithner, Lloyd Blankfein, George Soros, Donald Rumsfeld, Rupert Murdoch, other heads of state, influential senators, congressmen, and parliamentarians, Pentagon and NATO brass, members of European royalty, selected media figures, and invited others. Such invitees have included President Obama along with many of his top officials. Estulin said that also represented at Bilderberg meetings are leading figures from the Council on Foreign Relations (CFR), IMF, World Bank, the Trilateral Commission, EU, and powerful central bankers from the Federal Reserve, the European Central Bank (ECB), and the Bank of England. David Rockefeller, the head of the Rockefeller family financial empire, is believed to have been a leading Bilderberg attendee for years. Other wealthy elite members merely send representatives.

We are now quickly approaching the time when the Luciferian elite are planning to bring online a global government, cashless society, and universal religion. To do this, they have said repeatedly that they need to create a borderless world and get rid of independent, sovereign nation-states. “The sovereignty of states must be subordinated to international law and international institutions,” wrote George Soros, a Hungarian American business magnate who is one of the richest people in the world and a supporter of progressive social causes. “We need some global system of political decision-making. In short, we need a global society to support our global economy.”26

Who knows how the devil look like? You could of look at him with your eyes right now, and you don't know it is him

Evil or Villon? We all heard of George Soros and the "good" deed he done by funding many NGO's around the world including here in the USA! Soros donated over half of million of dollars into Biden's election, and millions of dollars to judges in and official elected! The question is what Soros want's in returned from them? He been working on gun reforming and reforming Global capitalism! This remind me of what communist did in Albania 1st they reformed guns and than the capitalism! They started confiscating peoples guns then their wealth. I wonder why politicians like democrats, and some republicans are working with this man? Reforming Guns reforming capitalism? If you watch His interview Soros actions matches his character that he himself said it was built from confiscating peoples wealth! History have shown us people who have a lots of they are desperate for power they use their money to buy power, and thats what i see Soros doing in here! I have seen PBS FRONTLINE video called Biden vs, Trump . They were showing how their character was build so why not compare Soros character with their? You might say but Soros is not running for office. That's correct, he is not running for office but his money is, and that can effect the outcome of our election, and our freedom! https: // youtube/ SGWizajL7tA

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.

George Soros, a complex man who thrived on rare events

Morocco used Pegasus to spy on senior French politicians including President Emmanuel Macron. Hungarian Prime Minister Viktor Orbán, a close ally of Netanyahu, bought Pegasus to spy on opposition politicians and critical journalists. When this was exposed in 2021, Orbán’s spokesman defaulted to his government’s usual anti-Semitic refrain when under attack, blaming billionaire Jewish philanthropist George Soros. This was the kind of ally that Israel wanted to foster in Europe as a supporter of the Jewish state.

I fail; therefore I think

Let's deal first with your general theory of reflexivity. Essentially, it has to do with the role of the thinking participant, and the relationship between his thinking and the events in which he participates. I believe that a thinking participant is in a very difficult position, because he is trying to understand a situation in which he is one of the actors. Traditionally, we think of understanding as essentially a passive role, and participating is an active role. In truth, the two roles interfere with each other, which makes it impossible for the participant to base any decisions on pure or perfect knowledge. Classical economic theory assumes that market participants act on the basis of perfect knowledge. That assumption is false. The participants' perceptions influence the market in which they participate, but the market action also influences the participants' perceptions. They cannot obtain perfect knowledge of the market because their thinking is always affecting the market and the market is affecting their thinking. This makes analysis of market behavior much harder than it would be if the assumption of perfect knowledge were valid.

Second, since our understanding of reality is imperfect, the criterion by which choices may be judged is not fully within our grasp. As a result, people will not necessarily make the correct choice and, even if they do, not everybody will accept it as such. Moreover, the correct choice represents merely the better of the available alternatives, not the best of all possible solutions. New ideas and interpretations may emerge at any time. These are also bound to be flawed and may have to be discarded when the flaws become apparent. There is no final answer, only the possibility of a gradual approximation to it. It follows that the choice between alternatives involves a continuous process of critical examination rather than the mechanical application of fixed rules.

George Soros, cuando hace una apuesta financiera, no deja de buscar ejemplos que demuestren que su teoría inicial es falsa. Tal vez sea esto la auténtica confianza en uno mismo: la capacidad de observar el mundo sin necesidad de encontrar signos que halaguen el propio ego.*

Yes. I never claimed credit for it. I was involved in the process. As coach, I said to him that this is a once-in-a-lifetime opportunity, the risk-reward relationship is extremely favorable, and therefore we should play it on a larger scale than normal. And he took my advice.

George Soros, to be specific, is part Jewish and when he was a little boy in Germany under the Nazis, was one of those who helped the Nazi soldiers to locate other Jewish families. He pointed to the homes of Jewish families so that they would later be burned in ovens. Yet now he is supposed to be a philanthropist?

The scale of what Taiwan had accomplished, in just six post-war decades and under extremely straitened circumstances, was astonishing. In 1952, 42 per cent of Taiwanese were illiterate. Fifty years later, nearly 60 per cent of Taiwanese went to university. (Tellingly, the illustration on Taiwan’s 1000-dollar note was four schoolchildren studying a globe, though it wasn’t apparent whether they were learning their foreign capitals or plotting Chinese missile trajectories.) Taiwan’s 23 million diligent, dogged and courteous people had built the seventeenth-biggest economy in the world, and accrued the third-largest foreign reserves. Their tiny island boasted six domestic airlines, trains you could set your watch by and, in the shape of Taipei 101, the world’s tallest building. And they’d made their transition from military dictatorship to pluralist democracy without getting any blood on the carpet. For a country that didn’t formally exist in the eyes of most of the world, this was decent going. Having visited many broken-down, violent dumps where everybody insisted that The Struggle superseded all other considerations, like picking up the rubbish and teaching kids to read, and invariably blamed someone else for all their problems, I fell hopelessly in love with the place. Were I a George Soros-style billionaire eccentric, I’d establish a program under which the world’s nationalist crazies, idiot warlords and dingbat terrorists would be sent to Taiwan, to see what can be accomplished when people stick the grievance schtick on the back-burner, put in a day’s work and behave in a civilised manner. Taiwan

One of the more bizarre plots to date had been a halfhearted attempt to donate Shakespeare and Company to the billionaire philanthropist George Soros.

Convinced I’d fabricated the entire story, they wanted to know How come you don’t have any videos? No photos? Where’s your proof? They demanded to know where I’d stood in the crowd. What I was wearing. Eventually, they wanted to know how much Hillary Clinton and billionaire George Soros had paid me to write my account,

We need to maintain law and order. We need to maintain peace in the world. We need to protect the environment. We need to have some degree of social justice, equality of opportunity. The markets are not designed to take care of those needs. That's a political process. And the market fundamentalists have managed to reduce providing those public goods.

George Soros, el especulador multimillonario a quien se había culpado de las debacles económicas de Asia y Rusia, advirtió en La crisis del capitalismo global: la sociedad abierta en peligro (1998) de la necesidad de controlar el instinto gregario de los poseedores del capital antes de que pisotearan a todo el mundo: El sistema capitalista no muestra por sí mismo tendencia alguna hacia el equilibrio. Los poseedores de capital buscan maximizar sus ganancias. Si se les deja que hagan lo que les venga en gana, seguirán acumulando capital hasta que se produzca una situación de desequilibrio. Hace 150 años Marx y Engels nos ofrecieron un análisis muy certero del sistema capitalista, debo decir que mejor en algunos aspectos que la teoría del equilibrio de los economistas clásicos … El principal motivo de que sus predicciones funestas no se hicieran realidad fueron las intervenciones políticas compensatorias de los países democráticos. Por desgracia, corremos de nuevo el peligro de sacar conclusiones equivocadas de las lecciones impartidas por la historia. Esta vez el peligro no proviene del comunismo, sino del fundamentalismo de mercado.

Be fearful when others are greedy, and greedy when others are fearful.”6

The protest has won the backing of prominent economists, including Joseph Stiglitz, a Columbia University academic, and Andy Haldane, chief economist at the Bank of England. Its supporters believe that the exposure to a wider range of approaches is necessary if the next generation of policy makers is to avoid the mistakes made in the run-up to the crisis. Faculties in London, Paris, New York, Boston, Budapest, Sydney and Bangalore will aim to address these complaints this academic year by road-testing a new syllabus from the CORE project, led by Wendy Carlin, a professor at University College London. The Institute for New Economic Thinking, a research group bankrolled by billionaire George Soros, has spent around $300,000 on the programme so far.

the consequences of this state of affairs have been drawn by the Hungarian-born American financier George Soros who, in an essay published in September 2012 (Soros 2012), argued that in order to avoid a definitive split of the euro zone into creditor and debtor countries, and thus a likely collapse of the EU itself, Germany must resolve a basic dilemma: either assume the role of the ‘benevolent hegemon’ or else leave the euro zone. If Germany were to give up the euro, leaving the euro zone in the hands of the debtor countries, all problems that now appear to be insoluble, could be resolved through currency depreciation, improved competitiveness, and a new status of the ECB as lender of last resort. The common market would survive, but the relative position of Germany and of other creditor countries that might wish to leave the euro zone would change from the winning to the losing side. Both groups of countries could avoid such problems if only Germany was willing to assume the role of a benevolent hegemon. However, this would require the more or less equal treatment of debtor and creditor countries, and a much higher rate of growth, with consequent inflation. These may well be unacceptable conditions for the German leaders, for the Bundesbank and, especially, for the German voters.

America has the highest gun homicide rate, the highest number of guns per capita,” recites Charles Blow of the New York Times.3 In another story, the New York Times quotes researcher David Hemenway as saying: “Generally, if you live in a civilized society, more guns mean more death.”4 Bloomberg’s Businessweek also makes similar claims.5 Like most international comparisons of gun ownership rates, all of these claims make use of something called the 2007 Small Arms Survey, a group that receives funding from and often works closely with George Soros’s Open Society Institute.6 The UN provides homicide data for 192 countries, but the Small Arms Survey only lists gun ownership and homicide data for 116. All of the countries that are missing are countries that have homicide rates higher than the U.S. rate. The Small Arms Survey makes it look as though there are only twenty-five countries with higher homicide rates than the U.S. In fact, there are 101 countries with higher rates. So how do homicide rates compare across all 192 countries for which the UN provides data?7 For 2008, the U.S. rate was slightly less than 5.4 homicides per 100,000 people. The worldwide rate was 10.5 (about twice the U.S. rate), and the median was six per 100,000. Yet there is one important caveat to realize when looking at these numbers—they are provided by the countries themselves, and you can’t always trust their numbers. Politicians and dictators like to give the impression that they are doing a better job than they actually are. This is a problem in some United States jurisdictions such as Chicago, where what look like murders are reclassified as “noncriminal death investigations.”8

George Soros finances liberal immigration policy throughout the Western world and also funds Noel Ignatiev and his "Race Traitor" website dedicated to the abolition of the white race. So

In early 2019, while I was still at the White House, BuzzFeed News published an article laying out the origins of the “Soros conspiracy.” It had originated in 2008, when two prominent political consultants in New York, Arthur Finkelstein and George Birnbaum, were recruited by Viktor Orbán to assist his political campaign. They had previously worked for Israeli prime minister Bibi Netanyahu, who was friendly with Orbán. Netanyahu recommended them. Finkelstein and Birnbaum decided they should create an external political enemy to help Orbán mobilize support for his bid to become Hungarian prime minister. They selected Soros, a prominent Hungarian Jew whose family had fled Budapest during the Holocaust. Soros was both famous and controversial, and still connected to Hungary.

They also saw her expertise. For instance, George Soros, the Hungarian-born financier and philanthropist, introduced her in his Manhattan living room by saying, “Hillary knows more about Eastern Europe than any other American.” After she was elected to the U.S. Senate on her own merits, she worked constructively, even with old enemies there, and was solidly reelected to a second term.

In that alternate, conspiratorial reality, any scrutiny of Trump or his inner circle is cast as a plot, deeply rooted in “fake news,” George Soros–funded protesters, Clinton family machinations, or even Satan, to bring down God’s chosen leader of the United States of America. The religious leaders close to the Trump White House assist in his assault on reality by immersing their followers at church, on television, and online into a universe disassociated from reality and severed from even the most basic facts. Their alternative universe is instead permeated with narratives about how Christians and Trump are under attack, and about how only Trump’s heroic defense of their religious freedom saves them from the onslaught of godless secularism.

Trump will not always be president, but he has elevated the conspiracy theory to a new high status in American politics. His evangelical allies, in turn, promote conspiracy theories about Trump the strongman, a fearless, anointed leader who is laboring heroically to save the Christian nation despite threats from socialism, the deep state, or George Soros. In return for their veneration, the life raft his presidency needs daily, Trump has given the Christian right new life, has spared them a Hillary Clinton presidency and a more liberal Supreme Court, and has given them unprecedented free rein in his administration and a defining role in the government of the United States. He’s the leader they’ve been waiting for—the one who has been prophesied—who will affirm their authority as long as they accede to his. And they were there for him when he needed them most—to be his shield against impeachment—armed not only with all of their adulation, but with the escalating and ever-evolving set of conspiracy theories that became the president’s only defense.

«Lo importante no es si aciertas o te equivocas —dijo una vez George Soros—, sino cuánto dinero ganas cuando aciertas y cuánto pierdes cuando te equivocas.» Puedes equivocarte la mitad de las veces y, aun así, ganar una fortuna.

the forces that had blighted the America of a century earlier would be dramatically visible yet again: rage against immigrants and refugees, racism, Red-baiting, fear of subversive ideas in schools, and much more. And, of course, behind all of them is the appeal of simple solutions: deport aliens, forbid critical journalism, lock people up, blame everything on those of a different color or religion. All those impulses have long been with us. Other presidents, both Republican and Democrat, have made dog-whistle appeals on the issue of race. The anti-Communist witch-hunting of Senator Joseph McCarthy and his imitators would prove far more influential in American political life than the country’s minuscule Communist Party, putting people in prison, wrecking careers, and causing thousands to leave the country. The American tendency to blame things on sinister conspiracies has found new targets; instead of the villains being the pope or the Bolsheviks, in recent times they have included Sharia law, George Soros, Satanist pedophile rings, and more.

On Memorial Day 1927, a march of some 1,000 Klansmen through the New York City borough of Queens turned into a brawl with the police. Several people wearing Klan hoods were arrested, one of them a young real estate developer named Fred Trump. Ninety years later, his son, with similar feelings about people of color, would enter the White House. During Donald Trump’s presidency, the forces that had blighted the America of a century earlier would be dramatically visible yet again: rage against immigrants and refugees, racism, Red-baiting, fear of subversive ideas in schools, and much more. And, of course, behind all of them is the appeal of simple solutions: deport aliens, forbid critical journalism, lock people up, blame everything on those of a different color or religion. All those impulses have long been with us. Other presidents, both Republican and Democrat, have made dog-whistle appeals on the issue of race. The anti-Communist witch-hunting of Senator Joseph McCarthy and his imitators would prove far more influential in American political life than the country’s minuscule Communist Party, putting people in prison, wrecking careers, and causing thousands to leave the country. The American tendency to blame things on sinister conspiracies has found new targets; instead of the villains being the pope or the Bolsheviks, in recent times they have included Sharia law, George Soros, Satanist pedophile rings, and more.