Second, since our understanding of reality is imperfect, the criterion by which choices may be judged is not fully within our grasp. As a result, peo… - George Soros

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Second, since our understanding of reality is imperfect, the criterion by which choices may be judged is not fully within our grasp. As a result, people will not necessarily make the correct choice and, even if they do, not everybody will accept it as such. Moreover, the correct choice represents merely the better of the available alternatives, not the best of all possible solutions. New ideas and interpretations may emerge at any time. These are also bound to be flawed and may have to be discarded when the flaws become apparent. There is no final answer, only the possibility of a gradual approximation to it. It follows that the choice between alternatives involves a continuous process of critical examination rather than the mechanical application of fixed rules.

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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

Yes. I never claimed credit for it. I was involved in the process. As coach, I said to him that this is a once-in-a-lifetime opportunity, the risk-reward relationship is extremely favorable, and therefore we should play it on a larger scale than normal. And he took my advice.

Faith plays an important role in an open society. Exactly because our understanding is imperfect, we cannot base our decisions on knowledge alone. We need to rely on beliefs, religious or otherwise, to help us make decisions. But we must remain open to the possibility that we may be wrong so that we can correct our mistakes. Otherwise, we are bound to be wrong.

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