Jake's View | Buffett isn't really a sage, and Soros is no philosopher
Hotshot investors have their areas of expertise, but are as clueless as anyone else on most matters
These days Soros has become more of a philosopher and philanthropist, giving away US$8 billion to good causes. In his new role he brings decades of understanding about economies, currencies and markets and ways they dance with disaster.
It's not often that a book review makes me laugh, but I laughed some years ago on reading a critique in The Economist of an attempt by George Soros to expound his philosophical point of view.
Soros had written that to get things right in philosophy, you had to take a little from all the previous great thinkers.
And that's what he did, wrote the reviewer. He took a little diced Schopenhauer, some shredded Nietzsche, and a pinch of Hegel, swallowed them and look what came out the other side.
Giggle, giggle. I renewed my subscription to The Economist on the basis of that review, despite the rag's warmongering ways.