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
errors insecurity ready
My sense of insecurity keeps me alert, always ready to correct my errors.
mistake despair panic
I don't panic. The same thing applies to me as to everybody else, so I'm given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.
making-money rich investors
I'm only rich because I know when I'm wrong.
business important saving
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong
mistake pride shame
To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
player government rotten
These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government sponsored entities. They really kicked off this crisis. The state should set the rules and enforce them but not become involved as a market player.
wall assuming streets
Start by assuming the market is always wrong, so if you copy everybody else on Wall Street, you're doomed to do poorly.
successful differences littles
There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.
predictions approach allowing
My approach works not by making valid predictions but by allowing me to correct false ones.
be-confident position no-point
There is no point in being confident and having a small position.
errors rooms complexes
Unfortunately, the more complex the system, the greater the room for error.
europe support vision
The integration of Europe was very much led by a Germany that was always willing to pay a little bit extra to reach a compromise that everybody accepted, because Germany was so eager to get European support for reunification. That was called the "farsighted vision," which created the European Union.
would-be events imagine
The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.
degrees members interest
An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.