Agreed. There's definitely a very high chance of information asymmetry when you are dealing with GS. All I'm saying is that there's enough reflexivity (Soros' term) and unknowns in the market that even very smart people like them can lose money.
I think we're probably saying the same thing, just coming from different ends of it.
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Agreed. There's definitely a very high chance of information asymmetry when you are dealing with GS. All I'm saying is that there's enough reflexivity (Soros' term) and unknowns in the market that even very smart people like them can lose money.
I think we're probably saying the same thing, just coming from different ends of it.
Cheers.