Free 7-day Trial
All Articles and Columns »

Interview of George Soros by Wall Street Journal

Dec 20, 2011 | About:
gurufocus
gurufocus
This is a 34-minute interview with George Soros by Wall Street Journal. Soros mentioned Graham & Dodd many times. He discussed what he does with bubbles. Some quotes:

China is the main beneficiary of the collapse of international financial system. Regulations/regulars make the market more instable. Advices to investors:

If I see bubble, the first thing I will do is to buy, and ride the bubble. Once I see the flaw in the bubble, I start to sell. I cannot get the timing right, so I lost a lot of money. In the internet bubble, I shorted too soon.

You cannot expect investors to resist the bubble, you can expect to join the bubble until everyone join the bubble. Then an external force will deflate the bubble.

The regular will always be wrong, and they have to recognize that they will be wrong. They have to recognize market has moods.




Tickers in the article:


Download guru portfolio report (PDF format):

Download Guru portfolio report
George Soros
(Updated on 05/23/2012)

Track Gurus’ Stock Purchases Daily – Real Time Guru Picks

GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 3 days after the date of the transaction. This is just one of the features provided with GuruFocus Premium Membership.

Click Here to Try It Free!


Rate this article:

Rating: 2.8/5 (17 votes)

Comments

Kiko81780
Kiko81780 - Dec 20, 2011 at 11:57 AM
When was this interview?
davidlion
Davidlion premium member - Dec 21, 2011 at 12:02 PM
Ummm...wasn't this interview done back in August? Why is this making it to the homepage?
ChasVoice
ChasVoice - Dec 23, 2011 at 2:45 PM
George Soros, Godfather Of The Left Gives $550 Million To Liberal Causes

The reader should be reminded that the 'generosity' of Soros' giving to subversive organizations is made possible due to your tax-exempt subsidies granted to him through his tax-free foundations. Is this what Lenin meant by "They'll sell the rope to hang themselves" ?
[chasvoice.blogspot.com]
tkervin
Tkervin premium member - Dec 23, 2011 at 11:07 PM
Dear ChasVoice,

The War was over a long time ago old son.
You all lost.
Time to get a grip.
ChasVoice
ChasVoice - Dec 24, 2011 at 12:38 AM

Israel Caught Selling 69 US Patriot Missiles to Red China

Iron Dome Defense Missiles Seized by Finland, Labeled “Fireworks”
69 Newest Patriot Missiles Seized on MS Thor Liberty

[chasvoice.blogspot.com]
LwC
LwC - Dec 24, 2011 at 12:55 AM
ChasVoice, IMO you are a troll, a bigot, and you are full of shit. The German government has acknowledged that the missiles were shipped from Germany under its supervision, and that it wasn't the first such shipment.

Please go to some other Forum to shit. IMO your kind is not wanted around here.

larry_m_berlin
Larry_m_berlin - Dec 29, 2011 at 10:53 PM
Such a leech. Making a boatload of money on other people's losses. This octogenarian is definitely taking it up a notch over in Azerbaijan. It's all laid out in the Forbes article Are George Soros Billions Compromising US Foreign Policy - check it out!!

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial