George Will
George Will
George Frederick Willis an American newspaper columnist and political commentator. He is a Pulitzer Prize–winner known for his conservative commentary on politics. In 1986, The Wall Street Journal called him "perhaps the most powerful journalist in America," in a league with Walter Lippmann...
ProfessionJournalist
Date of Birth4 May 1941
government law majority-rule
I call government that works the best for people open society, which is basically just another more general term for a democracy that is - you call it maybe a liberal democracy. It's not only majority rule but also respect for minorities and minority opinions and the rule of law. So it's really a sort of institutional democracy.
childhood world might
If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies to the extent that I could afford.
ideas investing way
The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.
action financial justified
As an anonymous participant in financial markets, I never had to weigh the social consequences of my actions ... I felt justified in ignoring them on the grounds that I was playing by the rules.
conviction scales increase
Increase your bets when you are confident and scale down your positions when you don't have conviction.
use easier resources
It is much easier to put existing resources to better use, than to develop resources where they do not exist.
reality air saving
Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
democracies-have people democracy
Democracy, by its very nature, can't be imposed on people. Democracy has to be the people deciding for themselves.
preparation study economics
Studying economics is not a good preparation for dealing with it.
government democracy world
Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
money mistake rich
I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.
judging risk safe
The hardest thing to judge is what level of risk is safe.
weak-points crisis speculation
Of course, speculation will always make a crisis worse. If there is a weak point, it will expose it.
fun investing-money boring
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.