George Soros
The Greatest Global Speculator

George Soros
A Greatest Speculator

George Soros is known for his international savvy currency speculating acts around the world than his generous contribution to charities.

He made his millions dollar money by making other governments poorer in the mid 1990s.

His Soros' Quantum Fund makes money by anticipating economic shifts around the world.

In 1992, he raked in one billion Pounds by betting against the British currency. He speculated that the currency would lose its value because of political and economic pressures. Since then, he earned himself the unwilling title of "The Man Who Broke the Bank of England". In 1997 to 1998, George Soros did it again causing the Asian financial crisis in the Asian crisis market.

Looking at Soros' records, if you had invested $1,000 in his Quantum Fund back in 1969, you would have banked in your first million dollars 25 years later. This is equivalent to 32 per cent return per year! Called it greedy or an act committed for the sake of humankind, Soros Foundation Networks organization has claimed that it has been donating millions of dollars to his preferred charitable organizations.

Like most successful person, Soros suffered hardship when he was growing up. Soros is a Jew and was fourteen years old when the World War II broke out. He and his family were forced to move into hidings to escape from being killed. Constantly evading danger, he learned the art of survival from his father. It is this hardship helps him to form his beliefs, values and eventually shape his mindset.

Soros is highly intelligent person who benefited from his formal education and also from his intellectual mentor - Professor Karl Popper.

Using his uncanny skill of predicting the stock market movement, he has been right most of the time. Irrespective of which way the market is heading to, he is definitely a cut above his peers in his score of successful traders. Soros believes that more often than not, the financial markets are ruled by humans emotional reactions than using logical calculation.

Soros will take advantage of the herd instinct whenever he made his kill. Very calmly and cunningly, George Soros would then play along with the other investors during the market trends. Sensing from his investment system, he quickly exits by taking his profits much earlier , everytime he gets the right signals.

This form of short term speculating investment system is definitely not for the herd investors nor reserved investors.

However, if you are one of the herd or reserved investors, most probably, you'll be one of his victim.

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