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Articles about the work of Erik Schatzker

Soros at Davos
futureofcapitalism.com

Money manager George Soros has granted a series of interviews at Davos. To the BBC, he talked about the Euro. To Bloomberg, he talked about commodities prices. To CNBC, he talked about U.S. municipal bond prices. Not a single one of the reporters appears to have asked Mr. Soros what financial positions he had, or to have communicated those positions to readers. I don't fault Mr. Soros for talking to the reporters — he can make money if other people listen to what he says and then trade on it, because he's already taken his positions. But it'd be nice for the reporters to explain that rather than to treat him as if he's some sort of wise man on the sidelines who doesn't have a financial stake in what he's talking about.

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Soros at Davos
futureofcapitalism.com

Money manager George Soros has granted a series of interviews at Davos. To the BBC, he talked about the Euro. To Bloomberg, he talked about commodities prices. To CNBC, he talked about U.S. municipal bond prices. Not a single one of the reporters appears to have asked Mr. Soros what financial positions he had, or to have communicated those positions to readers. I don't fault Mr. Soros for talking to the reporters — he can make money if other people listen to what he says and then trade on it, because he's already taken his positions. But it'd be nice for the reporters to explain that rather than to treat him as if he's some sort of wise man on the sidelines who doesn't have a financial stake in what he's talking about.

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Erik Schatzker

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