George Soros on democracy

Most of the time we are punished if we go against the trend. Only at an inflection point are we rewarded.

Stock market bubbles don’t grow out of thin air. They have a solid basis in reality — but reality as distorted by a misconception.

Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes.

Democracy is two wolves and a lamb voting on what to have for lunch.

The best argument against democracy is a five-minute conversation with the average voter.

It has been said that democracy is the worst form of government except all the others that have been tried.

Winston Churchill1874–1965Speech in the House of Commons (11 November 1947), published in 206–07 The Official Report, House of Commons (5th Series), 11 November 1947, vol. 444, cc.