Occupation: Business Magnate Birth: August 12, 1930
American supremacy is the greatest threat to the world today..
The sovereignty of states must be subordinated to international law and international institutions..
The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. An….
In politics, manipulating reality can take presidence over finding reality..
It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to ….
Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to….
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat..
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.
If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I might end up in….
My main concern is with the world order.
I'll tell you what I'd do if it were up to me: I would establish a strictly controlled distribution network through which I would make most drugs, ex….
Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, ….
I fancied myself as some kind of god or an economic reformer like Keynes.
Increase your bets when you are confident and scale down your positions when you don't have conviction..
The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going….
There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations bec….
To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride..
The main obstacle to a stable and just world order is the United States..
There is no point in being confident and having a small position..
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected..
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring..