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George Soros: Actually, president Mandela asked me, "How could South Africa protect itself against speculators like you?" And I told him. I wrote him… - George Soros
" "George Soros: Actually, president Mandela asked me, "How could South Africa protect itself against speculators like you?" And I told him. I wrote him a memo, trying to give him the best advice I could on how to reduce the exposure of South Africa to speculative attack.
Steve Kroft: That's the old "stop me before I kill again" approach, right? You're telling him, "This is what you can do to stop me."
George Soros: Whether I or somebody else does whatever is happening in the markets really doesn't make any difference to the outcome. I don't feel guilty, because I'm engaged in an amoral activity which is not meant to have anything to do with guilt.
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About George Soros
George Soros, born György Schwartz on 12 August 1930) is a Hungarian-born American businessman, philanthropist, and political activist. He is the chairman of Soros Fund Management and the Open Society Foundations.
Biography information from Wikiquote
Also Known As
Alternative Names:
György Soros
•
György Schwartz
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Additional quotes by George Soros
"How is it that you stay ahead of the game?
As I have said already, I look for the flaw in every investment thesis. When I find it, I am reassured. As long as I can see only the positive side I worry. Again, don't misunderstand me. I don't reject an investment thesis just because I can't see the negative side; I just remain leery. On the other hand, I am particularly keen on investment theses that the market is reluctant to accept. These are usually the strongest. Remember the saying, "The market climbs on a wall of worry.
Companies earn their profits by exploiting their environment. Mining and oil companies exploit the physical environment; social media companies exploit the social environment. This is particularly nefarious because social media companies influence how people think and behave without them even being aware of it.
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