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The problem with listening to these kinds of things is that you are only getting their opinion at a discreet point in time and their opinion might change quickl
by pmorici 6y ago
The problem with listening to these kinds of things is that you are only getting their opinion at a discreet point in time and their opinion might change quickly one week to the next. Druckenmiller openly talks about how he often changes his mind and does a complete 180.
- hhs 6y agoIndeed, wonder if there’s a term for this type of hedging behaviour, which the article also references when citing the president’s tweet. Is this studied in the economics literature over time?