George Soros is a headlines maker in economic, political and social circles. He has been an extraordinary investor, financial advisor, human rights champion and an advocate for an open society since the 1950’s.
A young George Soros never struggled to find his place in this world the same way most graduates do. He had witnessed the horrors of civil strife and conflict as a young boy. Rendered a refugee by the situation in Budapest, Hungary, Soros fled to England for a better life. A tremendous opportunity arose in the form of a scholarship at the London School of Economics. Here, Soros formed a thorough understanding of the world economy and economic strategies.
In 1952, Mr. Soros’ graduation marked the start of a budding career. He gained substantial experience working with investment banks in London. Eventually, he made way to New York, the home of the world’s largest hedge funds. Soros made billions of dollars for his clients as well as his company Quantum Fund. His wealth drew his charitable spirit, and Soros gave back to underprivileged communities around the world.
In fact, George Soros retired from hedge fund management to concentrate on running the Open Society Foundations, his flagship philanthropic venture. During its early years, the Open Society Foundations came to the aid of students in Eastern European Universities as well as in South Africa during the Apartheid struggle. Today, these foundations run under a billion-dollar budget in almost every state on earth.
The Greatest Investors: George Soros
George Soros – The New York Times
George Soros business portfolio continues to grow under the Soros Management Fund with Soros taking a backseat in its running since retirement. However, he decided to make an unexpected comeback to financial trading. Soros couldn’t stay away and watch his estate succumb to another financial crisis such as that of 2008. Furthermore, Soros has always predicted these events and warned economists and investors to take drastic preventive measures.
George made good on his warning earlier this year by cashing in on his stocks for investments in the booming gold market. Many will remember George’s concern over the struggles of the Chinese economy especially the stock exchange at the turn of the year. Soros further observed the deceptive boom in the Chinese real estate system triggered by massive borrowing from the banks. Going by his record of economic predictions and recent actions, other investors have reason to heed and protect their investments.
Elsewhere, George’s comeback marks the return of one of the top investment advisors and capitalists of our time. His mastery of economic trends provides lessons of up and coming investors of the next generation.
Learn more about George Soros: