lifeonearth

One famous investor that I like is George Soros. I like his style and flair. Soros is the epitome of a trader, having the uncanny ability to reverse his thinking on a dime, going from long to short in an instant, largely based on his “intuition” of where the market is headed. My long-term, deliberate investing style is the polar opposite of Soros’ short-term positioning and frequent reversals.

However, I find similarities with his private, “small shop” orientation as an investor, an approach that he so successfully employed in growing his Quantum Fund in the 1970s and 1980s. I find that Soros’ ideas on “reflexivity,” describing how participants themselves influence the direction of the market, really add only very minimally to my understanding how markets work and how to invest.

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