George soros is known as a "financial genius". 1969 "Quantum Fund" has made incredible achievements since its establishment, and its average annual comprehensive growth rate of 35% has left its Wall Street counterparts behind. He seems to have a super ability to control the world financial market. His words can make a sudden change in the trading situation of a commodity or currency, and the market price will rise or fall with his words. What is the secret of Soros's investment success?

1: Breakthrough of distorted thinking: Soros found that human knowledge is flawed and distorted in his early philosophical research, and the core of financial investment is to write articles about human knowledge.

2. Pay attention to market expectations: Soros does not agree with the completely free competition model established by traditional economic theory. He believes that the development of supply and demand will be manipulated by the market, which will lead to price fluctuation rather than equilibrium. In addition, the future price trend is determined by the current buying or selling behavior. Therefore, we must rely on our own understanding to predict the market.

3. Inefficiency of the market: The efficient market theory of classical economics assumes that the financial market will eventually move towards equilibrium, and according to Soros, the operation mode of the financial market is doomed to be an ineffective market, that is, irrational. It is also unreliable to judge the market by relying on the efficient market theory. Soros's fund has made great progress by utilizing and grasping the investment opportunities provided by inefficient markets.

4. Looking for deviations: The unbalanced operation of the financial market will inevitably lead to deviations between the market expectations of market participants and objective things. Finding the tendency of excessive market imbalance is a shortcut to finding investment opportunities.

5. Discover the connection: market participants operate with prejudice, and prejudice itself will also affect the development of the event. Soros believes that there is a reaction between the prejudice of market participants and the progress of the actual situation, and future events are shaped by expectations.