regarding Jim Rodgers (prior posts)
#1
Posted 08 January 2009 - 05:14 PM
#2
Posted 08 January 2009 - 05:45 PM
#3
Posted 08 January 2009 - 07:49 PM
~Benjamin Franklin~
#4
Posted 08 January 2009 - 10:48 PM
------------------norton, what was it you liked about that Soros theory?
U.F.O.
Just checked FF and saw your message UFO, got phone call friend in hospital, I will get back to you on Soros's Reflexivity explanation of market
price psychology probably tomorrow if I can get to visit him, and remember to get back to you, tough with so many senior moments, but remain hopeful !
#5
Posted 09 January 2009 - 07:07 AM
------------------norton, what was it you liked about that Soros theory?
U.F.O.
Just checked FF and saw your message UFO, got phone call friend in hospital, I will get back to you on Soros's Reflexivity explanation of market
price psychology probably tomorrow if I can get to visit him, and remember to get back to you, tough with so many senior moments, but remain hopeful !
He talked about the internal leading and influencing the external. As regards stock markets. It was pretty interesting. But he did say the external must be ready to follow the internal.
The internal being the market and the external being the economy.
Once the internal does begin to influence the external, a trend can be established as the two become self reinforcing.
The future is 90% present and 10% vision.
#6
Posted 09 January 2009 - 11:43 AM
Wasn't Rodgers the partner of George Soros in their Quantum Fund?... those guys made billions shorting the British Pound, etc, etc
They, like say Peter Schiff, are "mega trenders", not terribly concerned about entering or exiting on short term market timing.
Not traders as we define traders on this forum. Personally, I think Soros's greatest contribution was/is his theory of "reflexivity", google it and him.
I think Rogers came up with the ideas and Soros executed them. Soros apparently had better timing skills than Rogers, which doesn't surprise me given Rogers' recent track record.










