Saturday, November 21, 2015

Chapter 11: Question 6, Marin Fredrickson

My biggest takeaway from this chapter, or at least what made the most significant impression on me was I need Soros to manage my finances. When I first read that he made one billion dollars in one night, it sounded impressive, but I really wasn't impressed until I read on and learned how smooth he was in treating something like currency almost as object. How he was able to predict that the pound was going to go down and how he could work the system and how smooth he was with the stocks and bonds. This chapter helped me understand it a little more, but rather than feeling confident about knowing how money in the world I feel less confident than I was before because I knew less before. I didn't think it was this complex! I have never heard of a PPP or how International currencies have such a domino effect. This is why I need a Soros in my life.

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