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I remember my oldest son, Steve, saying to me once, 'I don't ever remember seeing you with an apron on.' And I thought, that's right, honey, you did not. That was his concept of what a mother should be.
Lauren Bacall
Concept
Did
Ever
His
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I was always a little unsteady in my self-belief. Then there was the Jewish thing. I love being Jewish, I have no problem with it at all. But it did become like a scar, with all these people saying you don't look it.
Lauren Bacall
Always
Become
Being
Did
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Lauren Bacall
Patience
Point
Strong
Not
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I called my business manager in California and said, 'Sell all of my stock' - what little of it I had - and it's the only smart financial move I ever made.
Lauren Bacall
Business
California
Ever
Financial
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You realize yourself when you start reflecting - because I don't live in the past, although your past is so much a part of what you are - that you can't ignore it. But I don't look at scrapbooks.
Lauren Bacall
Although
Because
Ignore
In The Past
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I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.
George Soros
Rich
Wrong
Recognizing
My mistakes
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Lauren Bacall
Came
Felt
Finally
I Came
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. When money is free, the rational lender will keep on lending until there is no one else to lend to.
George Soros
Money
Free
National lender
Lend to
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When everything happens to you when you're so young, you're very lucky, but by the same token, you're never going to have that same feeling again. The first time anything happens to you - your first love, your first success - the second one is never the same.
Lauren Bacall
Again
Anything
Everything
Feeling
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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
Financial markets
Unpredictable
Scenarios
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Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.
George Soros
Markets
Uncertainty
Flux
Money
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The worse a situation becomes, the less it takes to turn it around, and the bigger the upside.
George Soros
Situation become
Around
Bigger
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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
Realize
Imperfect understanding
Human
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Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
George Soros
Stock market
Grow out
Solid basis
Misconception
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George Soros
Most powerful
Nation
Terrorist organization
Defeat us
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Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
George Soros
Poverty
Misery
World
Government
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Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.
George Soros
Whenever
Conflict
Universal principles
Self interest
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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
Care
Universal principles
Freedom
Rule of law
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We can speak of the triumph of capitalism in the world, but we cannot yet speak about the triumph of democracy. There is a serious mismatch between the political and the economic conditions that prevail in the world today.
George Soros
Speak
Triumph
Capitalism
World
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A full and fair discussion is essential to democracy
George Soros
A full
Fair
Discussion
Essential
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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 underestimate the value of that. But they're not designed to take care of social needs.
George Soros
Markets
Designed
Individuals
Private needs
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George Soros
Misconceptions
Play
Prominent role
World
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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
Regulating
Taxpayers
Enforcement
Incarceration cost
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Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.
George Soros
Globalization
World
Interdependent
International politics
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The world is looking to us for leadership. We have provided it in the past; the main reason why anti-American feelings are so strong in the world today is that we are not providing it in the present.
George Soros
World
Looking to
Leadership
Past
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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.
George Soros
Global economy
Free movement
Goods
Services
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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
George Soros
Main enemy
Open society
Communist
Capitalist
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The rollout of a classic has to have the heart of all the people working it. There's no way they can have their heart in it if they don't believe in it.
Rick Ross
Believe
Classic
Heart
People
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I was this role model for heavy people. But the thing is, I never set out to be a role model at all, and I don't set out to be one now. I won't preach to anyone and tell them how to lose weight. I don't know any better than the next person.
Ricki Lake
Any
Anyone
Better
Heavy
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When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.
George Soros
Interest rate
Low
Conditions
Asset bubbles
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The passion for setting people right is in itself an afflictive disease.
Marianne Moore
Disease
Itself
Passion
People
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Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.
George Soros
Economic
Science
Objective
Scientific
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Any writer overwhelmingly honest about pleasing himself is almost sure to please others.
Marianne Moore
About
Almost
Any
Himself
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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.
George Soros
Sum up
Skills
Survival
Operating
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Marianne Moore
Hard
He
Himself
Unable
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Superior people never make long visits.
Marianne Moore
Long
Make
Never
People
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Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization
George Soros
Investment decision
Scientific hypothesis
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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.
George Soros
View
Possible
Financial
Hypotheses
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The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).
George Soros
Concept
General equilibrium
Relevance
Real world
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When one cannot appraise out of one's own experience, the temptation to blunder is minimized, but even when one can, appraisal seems chiefly useful as appraisal of the appraiser.
Marianne Moore
Appraisal
Appraise
Blunder
Cannot
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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
Hurt me
Success
Return
Childhood
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As contagion of sickness makes sickness, contagion of trust can make trust.
Marianne Moore
Contagion
Make
Makes
Sickness
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My father used to say superior people never make long visits.
Marianne Moore
Father
Long
Make
Never
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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
Carry
Argument
Logical conclusion
Life
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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.
George Soros
Sell options
Assuming risk
Profitable business
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I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the distortions find expression in market prices. Those distortions can, occasionally, find ways to affect the fundamentals that market prices are supposed to reflect
George Soros
Contend
Financial market
Never reflect
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It was a long time in the making, my divorce. One day became less special than the next, and pretty soon, we ceased all conversation. It is a sad day when you have nothing left to say.
Ricki Lake
Became
Conversation
Day
Divorce
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Impatience is the mark of independence, not of bondage.
Marianne Moore
Bondage
Impatience
Independence
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Being fat worked, and I think that was what was confusing for me for a long time in my career.
Ricki Lake
Being
Career
Confusing
Fat
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Marianne Moore
Calling
Category
Except
I See
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