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RE: A Huge Market Crash Flag Has Been Raised
Amazing how readily this kind of tripe is swallowed on Steem.
Soros is famous for shorting things ... if the market was about to crash and he knew about it, he wouldn't be giving away his money to avoid the crash ... he would be shorting it.
Do you know what the other thing he his famous for is? Announcing his positions.
If he saw a crash coming, not only would he be short - he'd be letting everyone know he was short. Why does he announce his positions? Because he is a big swinging dick and other investors follow him, pushing the market where he wants it to go. He's written entire books on this phenomena.
I am left thinking you know very little about the topic you are attempting to discuss :)
Yes his theory of "reflexivity" posits that agents create market realities and markets veer between booms and busts. Signaling his short and then having the herding effect take hold would make the crash a self-fulfilling phenomenon as you correctly point out.
Quite possibly the best first post ever :)
More evidence
https://www.cnbc.com/2017/10/19/chinas-central-bank-just-warned-of-a-sudden-collapse-in-asset-prices.html?__source=Facebook
Like a friend told me. He is 87 years old. This is much more safe to do. Nobody can short the market consistently and all the time. He got lucky a few times, sure but we are entering uncharted territory with the current market bull run.
Also, in the markets, the only way to make gains is to be inconsistent. If you are famous for shorting then people will be expecting shorting. You make sure people fall for it after you have done it a few times and wrote books about it.
So really, all your position is saying is "Do the thing he is a famous for and shills in his book". This is your "ultimate knowledge"?
That's like getting prepared to get slaughtered. Knowing that Soros is 'famous for shorting' is level 101. Everybody knows this. Your kind of logic is rather the popular one. Not mine