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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Zardoz who wrote (8820)7/10/1999 11:50:00 AM
From: Ramsey Su  Read Replies (1) | Respond to of 9980
 
Hutch,

great illustration. That is exactly why I find Soros and other hedge funds' actions immoral. It is not a matter of whether that certain economies are in need of reform and Soros is just trying to accelerate the process to HELP THEM OUT. BS.

If I go to a no limit poker game with equally qualified players, but I have ten times the money as the nearest player, the chances of my wiping everyone out is just so much greater. Now if you consider the fact that Soros is probably much smarter than 99.9% of all the finance ministers in these marginal economies, the odds are heavily in Soros' favor.

I find individuals like him very dangerous to society with no meaningful contribution what so ever. It is very interesting to me still, as to why he is invited to speak on capitol hill when his speeches may directly impact the outcome of his "investments". It is almost as if Greenspan is shorting the market, then gives one of his famous irrational exuberance speeches.

Ramsey