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Soros has FULLY WITHDRAWN from participation in financial markets
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Date: August 13th, 2020 10:58 AM Author: lascivious point Pivoting to his legendary approach to financial markets, Soros acknowledged that we’re caught up in a bubble fueled by Fed liquidity, which has created a situation that he now avoids. He explained that “two simple propositions” make up the framework that has historically given him an advantage, but since he shared it in his book, “Alchemy of Finance,” the advantage is gone.
“One is that in situations that have thinking participants the participants’ view of the world is always incomplete and distorted. That is fallibility,” said Soros, who made a killing shorting the British pound decades ago. “The other is that these distorted views can influence the situation to which they relate and distorted views lead to inappropriate actions. That is reflexivity.”
He went on to say the market, which he no longer participates in, is sustained by the expectation of more fiscal stimulus along with hopes Trump will announce a vaccine before November.
https://www.bing.com/amp/s/www.marketwatch.com/amp/story/george-soros-bashes-president-trump-explains-why-he-no-longer-participates-in-this-market-bubble-2020-08-12 |
Date: August 13th, 2020 1:25 PM Author: lascivious point (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750530) |
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Date: August 13th, 2020 1:28 PM Author: yellow field Wut are senators doing? (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750545) |
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Date: August 13th, 2020 1:29 PM Author: Greedy charcoal church building love of her life At 90 he shouldn’t be participating in anything anymore (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750554) |
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Date: August 13th, 2020 1:31 PM Author: Outnumbered ruddy wagecucks He’s pissed he can’t capitalize off crashes (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750569) |
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Date: August 13th, 2020 1:32 PM Author: excitant brunch telephone (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750578) |
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Date: August 13th, 2020 1:37 PM Author: infuriating glassy prole The markets are over. After the great reset we can have them back again. (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750607) |
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Date: August 13th, 2020 1:52 PM Author: lascivious point (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750694) |
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Date: August 13th, 2020 1:37 PM Author: Copper arousing range main people Of course this isn't true. Nobody sitting around with billions is out of the markets (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750608) |
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Date: August 13th, 2020 1:38 PM Author: excitant brunch telephone (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750618) |
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Date: August 13th, 2020 1:38 PM Author: Vivacious tripping parlour half-breed dude is 90, his brain is gone. not full blown senility, but there's little insight left. (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750622) |
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Date: August 13th, 2020 1:39 PM Author: Green trip ape set He will soon join Sumner Redstone in HELL (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750629) |
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Date: August 13th, 2020 1:58 PM Author: Razzmatazz Azn can someone just kill this guy and his kids? (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750723) |
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Date: August 13th, 2020 2:03 PM Author: Irradiated Candlestick Maker "He" doesn't participate. Of course, Quantum Funds and Soros Fund Management LLC have 99% of his wealth invested in every complex strategy imaginable (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750753) |
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Date: August 13th, 2020 2:08 PM Author: Laughsome cruel-hearted lodge Leaves him more time to pursue his hobbies (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750779) |
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Date: August 13th, 2020 2:15 PM Author: brindle alcoholic indian lodge Portnoy > Soros (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40750805) |
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Date: August 13th, 2020 3:15 PM Author: Mind-boggling lilac office messiness Why is he and his son still alive?
His entire wealth should be distributed randomly to 10m private accounts globally, kind of like a lottery, and OSF must be disbanded. Soros is conducting a world war. |
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Date: August 13th, 2020 3:39 PM Author: coiffed public bath milk We new school. (http://www.autoadmit.com/thread.php?thread_id=4602968&forum_id=2#40751237) |