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About this quote

What does it mean?
This quote describes the contrast between the author's financial activities that ruin lives and his charitable giving.
In plain terms
I make money by hurting people financially, but I give some of it back to help.
What can you take from it?
Use profits from risky finance to support social good.

Where it applies

  • investment
  • charity
  • business ethics

Putting it to work

  • assess financial impact
  • evaluate giving strategies

Questions to consider

  • Does giving offset harm?
  • Is financial risk ethical?

Another view

Some argue that harmful financial practices should be stopped rather than offset by charity.

More from George Soros

  1. All these countries [in East Asia] have spent 40 years trying to build up their economies and a moron like Soros comes along with a lot of money to speculate a…

    Permalink to quote #82
  2. George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game. The bulk of his enormo…

    Permalink to quote #84
  3. Four hundred seventy-three million to one. Those are the odds against George Soros compiling the investment record he did as manager of the Quantum Fund from 1…

    Permalink to quote #81

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