George Soros 2009 Interview On Bubbles, China, Currencies, Fed (WSJ)
1/03/2011 05:24:00 AM | via @Dvolatility |
I came across this George Soros interview from June 2009 and thought I'd post it (hat tip Howard Lindzon). When he sees a bubble (gold?) he buys it, but admitted to shorting Amazon early during the tech bubble. Timing still needs to be right in a bubble. The gold balloon will be interesting to watch from here. Soros also talked about the Federal Reserve, currencies, US Dollar, commodities, China, Graham and Dodd valuation models vs. market perceptions of price (traders guessing), risk management and probably more. This video will be something to look back on. I also embedded a bunch of videos with Soros talking about the theory of reflexivity. Click the labels or search on the blog.