Say What?

May 12, 2008

If I understand it right, the crux of George Soros' new book is this: we've all been led down the wrong path if we believe that markets tend to return to their mean over time, and that deviations from that are random. It's not so, he says. 'Only by exploring a new conceptual framework for how markets really work can we avoid disaster and economic ruin.' Oh, so that's all?

The full article is available to IDD Magazine subscribers only

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.