Friday, October 16, 2015


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

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.

Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.  

Popper showed that fascism and communism had much in common, even though one constituted the extreme right and the other the extreme left, because both relied on the power of the state to repress the freedom of the individual.  I want to extend his argument.  I contend that an open society may also be threatened from the opposite direction - frome excessive individualism.  Too much competition and too little cooperation can cause intolerable inequities and instability.

-George Soros

1 comment:

  1. Heretic, quoting Soros. That's another thing I like about you.

    BTW, I was their second pick. Didn't get the job. E.