George Soros Mistake Quotations

Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.

We in the United States are very often - since we are a democracy and we have national interests, we've often made the mistake that a democracy has to adopt America's interests, and that is a contradiction because a democracy basically is people deciding what their interests are.

America felt victorious and generous after World War II. They had also learned from the mistakes after World War I when they imposed punishment on Germany. What became of Germany? A Nazi dictatorship which threatened the world. Today's Germany doesn't feel as prosperous and generous as America then. But actually, Germany still is very prosperous.

My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.

I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.

I don't panic. The same thing applies to me as to everybody else, so I'm given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.