Quote of the day by George Soros: "The main difference between me and other people who have amassed this kind of money is…”
George Soros Quote of the day by George Soros "The main difference between me and other people who have amassed this kind of money is
George Soros Quote of the day by George Soros "The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don't have much personal use for money. But I hate to think what would have happened if I hadn't made money: My ideas would not have gotten much play." Who is George Soros George Soros: The philosopher who got rich Understand the meaning of the quote by George Soros Why this quote by George Soros is relevant How to apply this quote in daily life Decide what your money is for. Treat it as a tool, not a scoreboard. Knowing what you really want it to buy changes how you earn and spend it. Give your ideas a vehicle. A good idea in your head helps no one. Think about what it needs to be heard, a skill, a platform, the right people. Notice when means quietly become ends. It's easy to chase money, status or followers for their own sake and forget what they were meant to serve. Be honest about how influence works. Merit alone rarely wins. Getting an idea heard takes effort and resources, not being right. Other famous quotes by George Soros "It's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong." "I'm only rich because I know when I'm wrong." "Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes." "If investing is entertaining, if you're having fun, you're probably not making any money.
Good investing is boring." Most people who chase money want the money. George Soros, one of the most successful investors who ever lived, says he was after something else. He wanted ideas. Here is how he put it. The main difference between me and other people who have amassed this kind of money, he said, is that I am primarily interested in ideas, and I don't have much personal use for money. Then comes the honest twist. But I hate to think what would have happened if I hadn't made money, he added. My ideas would not have gotten much play. Money, for him, was never the goal. It was the megaphone. He cared about ideas, yet he knew, a little uncomfortably, that ideas on their own rarely get heard. The fortune is what made the world stop and listen.George Soros is a Hungarian-born American investor and philanthropist, born in Budapest in 1930. He survived the Nazi occupation of Hungary as a child, later moved to London, and studied at the London School of Economics before a long career in finance in the United States.He became famous as one of the most successful investors of his era, most notably for an enormous bet against the British pound in 1992.Over the decades he has given away a huge share of his fortune through his Open Society Foundations. Whatever one makes of his politics, the scale of both his earning and his giving is hard to dispute.The quote comes from a 2006 book on the investing habits of Soros and Warren Buffett, but the feeling behind it runs through his whole life.