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.
More Quotes from George Soros:
Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs.George Soros
I think they got the facts wrong. There was no case of insider trading.
George Soros
In my old age I have become somewhat conservative, ... But we will probably have a more mediocre performance because of the multi-manager structure, because to some extent managers can cancel each other out.
George Soros
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.
George Soros
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
George Soros
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.
George Soros
Readers Who Like This Quotation Also Like:
There is no maxim, in my opinion, which is more liable to be misapplied, and which, therefore, more needs elucidation, than the current one, that the interest of the majority is the political standard of right and wrong.James Madison
It is better to not even try it than to endure the ramifications of either quitting smoking or dying.
Christy Turlington
The truest wisdom is a resolute determination.
Napoleon Bonaparte