What did George Soros mean by: Any central bank should only be in charge of liquidity. Solvency is a matter for the treasury. - George Soros Copy
+ I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes. Feraz Zeid, January 16, 2024January 16, 2024, George Soros, Mistake, Money, Wealth, 0 - George Soros
+ However, even a strong government can’t perform miracles. It needs money from the taxpayers. Feraz Zeid, January 16, 2024January 16, 2024, George Soros, Government, Miracle, Strong, 0 - George Soros
+ If the bubbles contain a misconception, as they always do, then it can’t be maintained forever. Feraz Zeid, January 16, 2024January 16, 2024, George Soros, Misconception, 0 - George Soros
+ Once a trend is established it tends to persist and to run it’s full course. Feraz Zeid, January 16, 2024January 16, 2024, George Soros, Persist, Running, Trends, 0 - George Soros
+ When money is free, the rational lender will keep on lending until there is no one else to lend to. Feraz Zeid, January 16, 2024January 16, 2024, George Soros, Investment, Lending, Rational, 0 - George Soros
+ There is no point in being confident and having a small position. Feraz Zeid, January 16, 2024January 16, 2024, George Soros, Be Confident, No Point, Position, 0 - George Soros
+ Short term volatility is greatest at turning points and diminishes as a trend becomes established Feraz Zeid, January 16, 2024January 16, 2024, George Soros, Trends, 0 - George Soros
+ It is credit that matters, not money (in other words, monetarism is a false ideology). Feraz Zeid, January 16, 2024January 16, 2024, George Soros, Credit, Investment, 0 - George Soros
I’ve taught, and the first thing I did when I taught art, was not to teach art. Explain - Louise Berliawsky Nevelson Sculptor · Ukraine
Appreciation of art is a moral erection, otherwise mere dilettantism. Explain - Jean Cocteau Artist · France
Lying is the only art form that the public sanctions and instinctively prefers to reality. Explain - Jean Cocteau Artist · France
Whatever the world condemns you for, make it your own. It is yourself. Explain - Jean Cocteau Artist · France
The liabilities are always 100 percent good. It’s the assets you have to worry about. Explain - Charlie Munger Business person
It’s stupid the way people extrapolate the past — and not slightly stupid, but massively stupid. Explain - Charlie Munger Business person
Film will only became an art when its materials are as inexpensive as pencil and paper. - Jean Cocteau Artist · France
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