Giving government aid to a bank basically transforms it into a utility. The huge salaries in this sector are only a symptom of a more profound misalignment. The profitability of the finance industry has been excessive. [...] That was absurd.

The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.

Discount the obvious, bet on the unexpected

When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.

I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

I give away something up to $500 million a year throughout the world promoting Open Society. My foundations support people in the country who care about an open society. It's their work that I'm supporting. So it's not me doing it.

The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.