Category: From The Experts
George Soros is making financial headlines again. In 1992, Soros was the talk of the investment industry when he made $1 billion in commission on one bet. George bet that the Bank of England would be forced to devalue the pound sterling because the euro entered the European financial world. The Soros hedge fund made $7 billion when the pound sterling was devalued, and that news spread like wildfire. Fast forward 24 years, and the same sort of scenario is developing in the Soros investment camp. Soros has made some interesting bets lately, and one of them just paid off. The news that the United Kingdom was leaving the European Union wasn’t a surprise to Soros. He tried to use his influence to get the UK to stay, but while he was doing that he bet against a German bank. Soros made another fortune when the German bank’s stock dropped to the lowest level in 30 years.
Making money on risky bets is in the Soros DNA, so that isn’t the most newsworthy thing Soros has done recently. When Soros started to trade again after taking a nine-year hiatus, that was newsworthy. And what he bought and sold was big news. According to a Forbes.com article, Soros invested $400 million in Barrick Gold. Barrick Gold is a precious metal mining company. George also bought $125 million worth of shares in the SPDR Gold Trust. Soros dumped some of the most profitable healthcare stocks on the market at the same time. In fact, the Soros family hedge fund sold 35 percent of the stocks they owned at the beginning of 2016. The move to the gold market signals a change in the Soros investment strategy, and that is worth talking and reading about.
Soros is considered the smartest investor in the business and for good reason. He is worth more than $24 billion personally, and his family hedge fund has $30 billion in assets under management. All of that money comes from Soros investment knowledge. The eighty-five-year-old former refugee fled Hungary to escape Nazi control. He was destined to be an economic genius. Soros got a degree in philosophy from the London School of Economics, and he learned the investment business on Wall Street during the 1950s. It didn’t take long for Soros to make enough money to start his own hedge fund. The first Soros hedge made his investors billionaires.
But Soros is more interested in his Open Society Foundation than investing. He got back into trading because he believes the global recession he has talked about for the last four years is finally here. The European Union is in trouble, the UK is facing a massive economic downturn, and China’s economic stability is fragile. All those signs point to a global recession, according to Mr. Soros.
George Soros is a highly successful entrepreneur. His opinions on various topics in the financial world are closely followed, and the influence caused by his philanthropy is widespread.
George Soros feels his financial success obligates him to help those in need and to take a stand on various political topics. Over the last 37 years he has donated over $11 billion to causes such as helping black students attend school in segregated South Africa and helping universities in eastern Europe on Forbes. He also had a hand in Hungary’s shift to democracy from communism.
The Open Society Foundation
George Soros created and is the chairman of the Open Society Foundation(OSF). It is an international foundation that supports groups around the world to advance education and health. The OSF has helped organizations dedicated to civil rights and social justice such as the Missourians Organizing for Reform and Empowerment group. The OSF has an average yearly expenditure of over $600 million in 60 different countries.
George in Politics
George Soros has participated in politics in Africa on http://www.nytimes.com/topic/person/george-soros, central and eastern Europe, and the United States. In the U.S. George Soros has actively promoted or fought against presidential candidates. Most recently, he has donated $6 million to Hillary Clinton’s super PAC.
He is also a big supporter of drug policy reform. He has spent almost $3 million on American drug policy since 2008. These policies include California’s Proposition 5 and Proposition 19. In addition, he has supported immigration reform and net neutrality in the U.S.
What He Believes
George Soros on bloomberg has written fourteen books that represent a collection of his philosophies on topics such as economics and open societies. He writes about the potential fall of the European Union, the financial problems in the U.S., and how to achieve open societies and the philosophy behind them.
George Soros is a world renowned financier that actively participates in international politics. He is a philanthropist that is dedicated to education and democratic societies. He believes that he is in a position to help the world and feels it is only right to do so. His contributions to the world have been vast, but he still has more to give.
1. Washington Times
3. George Soros Website
Bernardo Chua didn’t want to do the same things with his life as others had done before him, he’s always been a pioneer, which is part of why he makes a good Twitter follow. When he got started off in the business world he knew that he eventually wanted to do things on his own. So he made it a point to be learning from all of the places that he worked for. He had a long, successful career before starting up his own business, and it was through all of the years that he spend working before owning his own business that he learned a lot, and that’s a lot of what his blog is about. He learned what it takes to be a great businessman, and what needs to be done in order to make a business successful, and he was smart to spend so much time in business before attempting to do things on his own.
The company that Bernardo Chua founded is based around a Chinese herb that he has long loved. The herb offers many health benefits to those who use it, and that is why Bernardo Chua is so determined to have so many people try it, which is why he even produces videos about the benefits. He wants to take the herb and get it known all across the globe, and he’s been doing some great things with his company, already.
Bernardo Chua has always shown on Facebook that he is an ambitious man, through the work that he has done before starting up his company, but now he has shown that even more so with his company. He is doing all that he can to get it known, and that is great. He’s a hard worker, and he is sure to keep growing the company. When people see the great products that he is putting out there, and when they see how much passion he has for them, then people will be sure to keep purchasing them and helping to grow the company.