“Many that are fallen shall be redeemed, and many shall fall that are now in honor.” Horace 20 B.C. During the late 1990’s, tech stocks reached valuations that nobody could explain. While most people saw the dynamically changing marketplace and felt the extraordinary impact of the internet, traditional valuation metrics such as P/E...Read More

When you look at the great long-term investment track records, the vast majority are held by value investors such as Warren Buffett, Bruce Berkowitz, Seth Klarman etc.  There were two very prominent exceptions, George Soros and Stevie Cohen.  George Soros is a macroeconomic genius, who has taken aggressive positions across a variety of different asset...Read More

Few individuals understand the nature of markets better than George Soros and I believe that he is right on in regards to his thoughts on Europe.  The EU has proved to be extremely problematic and ripe with unforeseen consequences.  I also think he is right on that austerity was a terrible idea given the risk...Read More

Billionaire investor George Soros is expressing concern that declining household spending is having detrimental effects on the economy of China.  There is no doubt that China is slowing and there is a substantial risk that things could get worse.  Fortunately the government has a huge war chest of excess reserves but I’d still be careful...Read More

Nouriel Roubini and George Soros are exactly right.  Europe needs to grow as it is impossible to shrink out of an over-leveraged economy.  The ECB should be buying bonds and increasing the money supply to depreciate the Euro.  This would boost exports and decrease the severity of the recession. http://www.cnbc.com/id/47168723 INVESTING IN THE FINANCIAL MARKETS...Read More

George Soros is an investor that I have a tough time following but that I respect a great deal due to his deep and thoughtful understanding of macroeconomics.  His notion of reflexivity and the impacts it can have on markets is fascinating yet difficult for my mind to totally grasp.  In this effort he makes...Read More