George Soros Quotes:
Ocupation: Business magnate
Life: b. August 12, 1930
Birthday: August 12
In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.
source: "Theory of Reflexivity". George Soros' speech at the MIT Department of Economics World Economy Laboratory Conference in Washington, D.C., www.valuewalk.com. April 26, 1994. 
topic: Would Be, Fundamentals, Normal, Disequilibrium, Efficient Markets, Financial Markets
