Buffett focused on individual firms; Soros followed broad trends in theHis idea is that things do very well and then they do badly. You
The theory remained flawed. He could not define what he meant byBasically, said Soros, the way I operate is I have a thesis and I testdialectic pattern can be explained in general terms: The greater
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to understand when those rules were about to change. Because whenthinking through how a certain financial market was operating-that