Wednesday, June 23, 2010

Climateer Line of the Day: Niederhoffer on Soros Edition

From Slate's The Wrong Stuff interview:
Well, Soros would be the first to tell you that his predictions are completely random. He never says anything that doesn't jibe with his current position or his hoped-for outcome. And he's chronically bearish. He's chronically thinking that the world needs a central planner to put it to rights and that the market itself is too prone to disaster.

You have my word as a hedge fund manager....

[George Soros]