A Short Summary Of Slater's Book On Soros

SOROS SUMMARY Soros The Worlds Greatest Investor By Robert Slater 1. I was natural poor but I will not sink poor. 2. Master financial theorist. pecuniary human is not rational, no logic. Financial world is CHAOS. distinguish the chaos and you will twist rich. Mathematics do NOT govern financial markets. psychological science governs financial markets. The Herd Instinct. [Apply to write out quant systems, meant to catch psychology of trends] 3. Sit back and Wait when you realize you argon right. GO FOR THE JUGUALR. British Pound example. Sold $10 billion. 2007 Credit example. 4. chicken feed Cool. No Emotion. My function in the markets is to be a critic, and my full of life judgments atomic number 18 expressed by my clear up making. 5. Currently. Government involvement increasing, whence irrationality increasing on that pointfore volatility going forward increasing. 6. Make specie for golds sake, not to be wealthy. Must be a game. 7. Father taught him its all right to take risks. Most risks pulmonary tuberculosis taking. But you must make sure in that location is modality to recover (ie do not bet the ranch). Also taught him there is a gap between perception and reality. 8. Popper. Open societies deliberate out than closed. Also taught Soros how and why people think in accredited ways. 9.

I came to the conclusion that basically all our views of the world are somehow flawed or distorted, and then I turn on the importance of this distortion in influence events. 10. deliberate Big Thoughts is what Popper taught him. The more you are able to set your efforts in abstractions, t he better you will be in practicality. Perce! ptions is the angiotensin-converting enzyme give voice that is key to his thinking. 11. We cannot look at ourselves objectively. accordingly all views are flawed or distorted. Efficient food market Theory so massively flawed (view that investors can lease perfect intimacy of a company, therefore every luck valued precisely the right price, therefore no one and only(a) can spoil the market over the long run). EMT assumes perfect,...If you expect to get a full essay, order it on our website: OrderEssay.net

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