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George Soros
He is an economic genius. George Soros has strived above all using his Quantum Fund, intelligent financial moves, stability in investment, and philosophy in economics. Soros is a model for the way investing should be done. Soros has made it to the 28th richest man in America, with a net worth of $7 billion dollars from his hedge funds. This is his story.
George Soros is currently President of Soros Fund Management and Chief Investment Advisor to Quantum Fund N.V. The Quantum Fund is a $12 billion international investment fund, which is generally recognized as having had the best performance record in the world during its 25-year history. If you had invested $1,000 the Quantum Fund when it was first started in 1969, you would be worth $4 million by the year 2000. So if it sounds this easy, how does George Soros make his millions? Soros' Quantum Fund makes money by anticipating economic shifts around the world. For example, in 1992 Soros reflected upon how he thought the British pound would lose value because of political and economic pressures. He borrowed billions of pounds and converted them to German marks. When the pound collapsed Sept. 16, Soros repaid the pounds at the lower rate and pocketed the difference. Soros’s prof
Approximate Word count = 2008
Approximate Pages = 8 (250 words per page double spaced)
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