How George Soros Knows What He Knows

How George Soros Knows What He Knows

In its traditional formulation as an explanatory principle, reflexivity means that any object of thought contains in itself the thinking activity that generates it. Applying the concept of reflexivity to the question of financial markets valuation, Soros concludes that economic reality is actively shaped by the perceptions of market participants. This leads him to a theory of investment radical...

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The development and evolution of any system–person, organization–nation depends on how the system succeeds to bridge the gap between what the system knows and what the system does (with the knowledge). We call this the gap between knowing and doing or the knowing-doing gap. If the system does not do what it knows, it will lose out in competition with other systems, its relative performance in...

Robust Anomaly Detection with Applications to Acoustics and Graphs

There are four sorts of men: He who knows not and knows not that he knows not: He is a fool—shun him; He who knows not and knows that he knows not: He is simple—teach him; He who knows and knows not that he knows: He is asleep—wake him; He who knows and knows that he knows: He is wise—follow him. —Arabic proverb Our goal is to develop a robust anomaly detector that can be incorporated into patt...

„ True Scientist Knows How to Find in His Experiments Answer to What He Search, but to Seek a Response for What He Didn’t Asked”

Neuroeconomics: How Neuroscience Can Inform Economics

Who knows what I want to do? Who knows what anyone wants to do? How can you be sure about something like that? Isn’t it all a question of brain chemistry, signals going back and forth, electrical energy in the cortex? How do you know whether something is really what you want to do or just some kind of nerve impulse in the brain. Some minor little activity takes place somewhere in this unimporta...