We can speak of the triumph of capitalism in the world, but we cannot yet speak about the triumph of democracy. There is a serious mismatch between the political and the economic conditions that prevail in the world today.

Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention, and I wouldn't underestimate the value of that. But they're not designed to take care of social needs.

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

Find the trend whose premise is false, and bet against it.

The financial markets play an active role in determining what's going to happen, how the economy is going to function.

I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium.

I admire Chancellor Merkel for her leadership qualities, but she is leading Europe in the wrong direction.