Entrepreneurs / Investors

Top 34 George Soros Quotes on Investing (MONEY)

In the realm of finance and philanthropy, few figures are as influential or as controversial as George Soros. Known for his legendary bets in currency markets and his passionate advocacy for open societies, Soros is a figure whose influence extends far beyond the world of investing.

These quotes aren’t mere investment tips; they are nuggets of wisdom from a man who has consistently defied market norms and dared to tread where others have hesitated. They offer insights into risk-taking, reflexivity in markets, and the broader philosophy that underpins Soros’s unique approach to life and investing.

Whether you’re a rookie investor, a seasoned financier, or simply someone intrigued by the intersection of money and society, these quotes will challenge your thinking, deepen your understanding, and inspire you to see the world differently.

Top 5 Most Famous George Soros Quotes on Investing and Trading

Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes.Pin
Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes.
I'm only rich because I know when I'm wrong... I basically have survived by recognizing my mistakes.Pin
I’m only rich because I know when I’m wrong… I basically have survived by recognizing my mistakes.
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.Pin
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.Pin
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.Pin
Misconceptions play a prominent role in my view of the world.

29 George Soros Quotes on Wealth, Investing, and the Financial Market

The world order needs a major overhaul.Pin
The world order needs a major overhaul.
Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you're doomed to do poorly.Pin
Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.Pin
If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
The worse a situation becomes, the less it takes to turn it around, the bigger the upside.Pin
The worse a situation becomes, the less it takes to turn it around, the bigger the upside.
Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.Pin
Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
Every bubble has two components: Some real trend, and a misconception about that trend.Pin
Every bubble has two components: Some real trend, and a misconception about that trend.
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.Pin
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.Pin
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
Markets can influence the events that they anticipate.Pin
Markets can influence the events that they anticipate.
Market prices are always wrong in the sense that they present a biased view of the future.Pin
Market prices are always wrong in the sense that they present a biased view of the future.

“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.”

George Soros
Markets are imperfect. So you do need regulation, knowing that the regulators are also human.Pin
Markets are imperfect. So you do need regulation, knowing that the regulators are also human.
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.Pin
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.
If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.Pin
If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The truth is, successful investing is a kind of alchemy.Pin
Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The truth is, successful investing is a kind of alchemy.

I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to fight or [take] flight. When [I] make the decision, the backache goes away.”

George Soros
When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.Pin
When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.
Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.Pin
Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.Pin
Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.
At present, the developed countries condescend to the developing ones.Pin
At present, the developed countries condescend to the developing ones.

If we care about universal principles such as freedom, democracy, and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.

George Soros
I chose America as my home because I value freedom and democracy, civil liberties and an open society.Pin
I chose America as my home because I value freedom and democracy, civil liberties and an open society.
Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.Pin
Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.
A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.Pin
A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.

“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.”

George Soros
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.Pin
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
When money is free, the rational lender will keep on lending until there is no one else to lend to.Pin
When money is free, the rational lender will keep on lending until there is no one else to lend to.

“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.”

George Soros
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George Soros Short Biography

Born on 12 August 1930 in Budapest, Hungary, George Soros (born Schwartz György) is a Hungarian-American billionaire financier, author, and philanthropist.

Best known for managing Soros Fund Management (previously Double Eagle) as a key execute since 1969 and for founding the Open Society Foundations in 1993, George Soros is one of the world’s most remarkable philanthropists who has donated over $32 billion of his personal fortune to advocate for freedom of expression and to promote justice and equality for minorities.

During his childhood, George Soros experienced the brutality of the Nazi regime during the occupation of Hungry from 1944 to 1945. Over 500,000 Hungarian Jews were murdered.

After World War II, George Soros left for London in 1947 when communist consolidated power in Budapest.

His early life experiences gave him the slight edge to be determined to thrive and survive under harsh environments.

Today, George Soros is a controversial billionaire. He made many several enemies in high places. From Putin to Trump, to Viktor Orban and Xi Jinping. You can see why world leaders are determined to bring down the Hungarian-American magnate.

In June 2020 everything escalates after being Soro was accused of conspiracy theories – particularly for orchestrating and funding the protests over police killings of Black people in the U.S. Conservative groups are calling out to authorities to investigate George Soros for funding domestic violence.

Further reading:

Here are the best George Soros quotes so you can understand what works best for you and exploit economic mistakes by studying market fluctuation.

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