When economies face pressure, they adapt and seek equilibrium. Legendary investor George Soros coined a concept to describe this phenomenon: reflexivity. According to Coggan's interpretation, reflexivity refers to the self-reinforcing feedback loops that naturally emerge within economic systems and financial markets. These loops create a dynamic where market participants' beliefs and actions influence market conditions, which in turn reshape those very beliefs—a cycle that fundamentally shapes how modern economies function.
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BlockTalk
· 01-03 10:51
After listening to Soros's reflexivity theory for so many years, I still feel like I haven't truly understood it. How exactly does this circular logic get implemented?
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alpha_leaker
· 01-03 10:50
Ha, it's that old reflexivity tune again... Soros's theory this time is indeed powerful, but to be honest, it's still a confidence game.
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ChainDoctor
· 01-03 10:46
Soros's theory sounds quite scientific, but in actual practice, the market is a chaotic mix of emotions, luck, and inside information.
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MidsommarWallet
· 01-03 10:42
The concept of a self-reinforcing cycle sounds impressive, but essentially it's just a herd effect—whoever runs first makes money.
When economies face pressure, they adapt and seek equilibrium. Legendary investor George Soros coined a concept to describe this phenomenon: reflexivity. According to Coggan's interpretation, reflexivity refers to the self-reinforcing feedback loops that naturally emerge within economic systems and financial markets. These loops create a dynamic where market participants' beliefs and actions influence market conditions, which in turn reshape those very beliefs—a cycle that fundamentally shapes how modern economies function.