I wonder if George Soros can really attribute his financial success to his theoretical framework that he calls the “Theory of Refexivity.” Or perhaps he just simply listens to the clues that his bodily instincts provide him with before making important trading decisions. Hmmm . . . Here’s what his son Robert has to say:
“My father will sit down and give you theories to explain why he does this or that. But I remember seeing it as a kid and thinking, Jesus Christ, at least half of this is bullshit. I mean, you know the reason he changes his position on the market or whatever is because his back starts killing him. It has nothing to do with reason. He literally goes into a spasm, and it’s this early warning sign.”