isomorphismes

George Soros: “I would have bought even more Italian bonds.

• At 6% or 7%, it’s a very attractive speculation. It won’t stay up there forever. If things go wrong it could go up to 10% and you would lose a lot of your money.
• But at 5%, it would be a very nice, stable, long-term investment”.

Filed under #nonlinear and #nonmonotonic.