On Fri, 11 Apr 2008, Doug Henwood wrote:
> <http://www.nytimes.com/2008/04/11/business/11soros.html>
>
> reports that his funds averaged 30.5% a year - after fees! - from
> 1969 to 2000.
No wonder he thinks economists should take him more seriously. That string almost seems to refute efficient market theory by itself, in the same way that dice that came up 7 30 times in a row would make you think: these dice probably aren't falling on all sides randomly and I should look into that.
Michael