George Soros at Hong Kong University answering questions and sharing his experience trading and investing in the markets. He offers some great insight on the following topics:
- Why he thinks China needs to be more open. He believes in a philosophy of ‘open societies’.
- How the West’s and China’s view on Tibet differ significantly and the conclusions he draws.
- The slowly deteriorating relationship between China and America and the consequences.
- The importance of China being the new ‘motor’ of the world.
- What is a bubble? How to define it and how to profit from it.
- What guidelines to follow when shorting a ‘mature’ bubble.
- His influence on markets.
- Why his trading positions don’t create trends or events but only accelerate them.
Shout out to Moise Levi who posted the George Soros video interview a few days ago!
Watching the video interview will make it much easier to understand where George Soros comes from. It will also shed some light on why George Soros doubled up on his Gold (GLD) position a while back. The video is about 90 minutes. For those of you willing to spend time learning from one of the best investors ever, it is well worth it. Enjoy!
A few quotes from the master himself:
An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others. – George Soros
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes. – George Soros
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. – George Soros
Have a great evening!
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