Archive for George Soros

Gold Bubble Seen by Soros on Brink of Bear Market

Dec. 29 (Bloomberg) — Gold is poised to complete its 11th consecutive annual gain, the longest winning streak in at least nine decades, on the brink of a bear market. George Soros, the billionaire who two years ago called it the “ultimate asset bubble,” cut 99 percent of his holdings in the first quarter, Securities [...]

Lehmans’ 3rd Anniversary Sees Gold 132% Higher, Eurozone Split Over “Collectivized Debt”

THE PRICE OF PHYSICAL gold fell in wholesale dealing for the sixth time in nine sessions on Thursday morning in London, as world stock markets rallied sharply on the third anniversary of the collapse of Lehmans Bros. investment bank.

Even the Greats Make Mistakes

Michael Jordan was in the prime of his basketball career when I was a teenager. However, my most enduring memory of watching Jordan play was not one of his show-stopping slam dunks or one of his buzzer-beating fadeaway jump shots. Jordan had plenty of those, but the most distinct memory I have of watching this legend play was one of Jordan’s rare mistakes.

Morris Says Soros Didn’t Follow Any Investment Rules

Business writer Charles Morris talks about billionaire investor George Soros’s investment strategy. Soros is returning money to outside investors in his $25.5 billion firm, ending a career as hedge-fund manager that spanned more than four decades. Morris speaks with Pimm Fox on Bloomberg Television’s “Taking Stock.”

Slater Says Soros to Remain an Active Investor

July 26 (Bloomberg) — Robert Slater, author of “Soros: The Unauthorized Biography, The Life, Times & Trading Secrets of the World’s Greatest Investor,” discusses billionaire George Soros’s decision to return money to outside investors in his $25.5 billion firm. Slater speaks with Betty Liu and Jon Erlichman on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)

Soros Says Greece, Ireland Can’t Wait for Restructuring

Jan. 27 (Bloomberg) — Billionaire investor George Soros talks about the European sovereign debt crisis, the outlook for commodities and the U.S. deficit. He speaks with Erik Schatzker on Bloomberg Television’s “On The Move” from the World Economic Forum meeting in Davos, Switzerland.

Researcher Aaron Cowen heads to Soros Fund Management

Former SAC Capital Advisors head researcher Aaron Cowen has joined Soros Fund Management to be a portfolio manager, according to a recent article by the Wall Street Journal. Cowen, a key figure at last year’s publicized hedge fund dinner that traded ideas on shorting the euro, has reportedly taken a position as a portfolio manager [...]

Forex: George Soros Hedge Fund opens office in Hong Kong

Soros is one of the world’s most famous investors and currency traders with his fund managing approximately $27 billion. In September, Soros was named history’s most successful hedge fund manager by the Financial Times with estimated total returns of $32 billion in his 30+ years of trading.

Report: George Soros on the “Real Danger to the Economy”

Soros says that the United States and China have been talking past each other on their respective economic concerns and that the world economy would be better off if they would listen and take each others “recommendations”.

Report: George Soros most successful hedge fund manager, earned $32 billion for clients

There was a new and interesting report out of the Financial Times recently that analyzed the top ten hedge fund managers of all time according to their historical trading returns. According to the report, George Soros was the most successful manager with a total return of $32 billion for his fund spanning the last 30+ [...]

History of Foreign Exchange :5 Events That Changed the World

5 Economic Events When Currency Rocked The World These are changes in the currency markets which caused substantial impact in the world economy. It is important that people learn about currency movements and how the occurrence of such events provide lucrative opportunities for currency investors to profit from the forex markets. Free Market Capitalism is [...]

Gold Prices Come Off All-Time High but Bullish Trend Looks to Continue

By Russell Glaser – Spot gold prices have fallen from their all-time high as the euro and global equities have staged a small comeback on positive economic data from the U.S., Europe, and China. However, this doesn’t appear to be enough to derail the long term bullish trend the commodity has been experiencing over the [...]