Many people are obsessed with understanding George Soros’s “investment philosophy” which is actually very simple, here I will break it down for you.
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I, too, can cherry pick recent examples where this style of investing worked.
GME is in fact the *worst* example you could have picked because tons of people got burned trying to short it at $60 on fundamentals, buying it at $200 on momentum, or shorting it again on the way down (fundamentals *and* momentum)
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I certainly don't understand why GME would be a bad example. An EMH disciple would say that for every new speculative long that comes in, there should be a new short and the value of the firm should not increase at all, certainly not for a time period exceeding a month.
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don't think its a good example because iirc soros himself subsequently clarified reflexivity goes beyond 'biases are reflected in price and can self-fulfill' which is obvious
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