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Data:2009-12-12 2:34
This theory with the traditional economic theory are mutually exclusive, the efficient market theory suggests that the functioning of the market has its own logic and rationality, the market is moving towards a balanced development of the final point, but a prerequisite to achieve this balance point condition, one that people can be at any given time, a perfect grasp of market information, and second, market prices reflect all valid information.
Usually adhering to the efficient market theory, the majority of analysts have their own benefits information available, as well as the current price analysis, and strengthen the current trend of development in the public stir up trouble, make the market become more irrational and become null and void the market. By funding manipulation, Squeeze, and the index funds to preserve and increase the use of agricultural futures, hedge fund trading practices, and so the market triggered by the excessive behavior, we can not say yes to the market equilibrium point close to, but no need for this type of market blamed because the basis for Soros's point of view, when the market just is not valid market characteristics - the most outstanding performance in the non-rational stage, so at this time analysts Quotes of the judge is also based on unreliable.
Recognize and take full advantage of the invalidity of the market for Soros's investment provides an important prerequisite. 80 years, Soros in Eastern Europe, former Soviet Union established a series of charitable funds, ostensibly for charitable cause, in fact, its important purpose is to change the original of these countries "closed society" under the planned economic system, while the the realization of freedom, complete freedom of market-oriented economic system, because only so will his fund the development of broader horizons.
Soros is an invalid use of and grasp the investment opportunities available in the market so that he shaped the development of large funds.