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 $4 million by the year 2000. So if it sounds this easy, how does George Soros make his millions? Soros' Quantum Fund makes money by anticipating economic shifts around the world. For example, in 1992 Soros reflected upon how he thought the British pound would lose value because of political and economic pressures. He borrowed billions of pounds and converted them to German marks. When the pound collapsed Sept. 16, Soros repaid the pounds at the lower rate and pocketed the difference. Soros's profit was a booming 1$ billion. The quantum fund is based in the loosely regulated areas of the Caribbean island of Curacao. Soros often has returns in surplus of 30 percent a year and twice, annual returns were posted at more than 100 percent. This was according to the fund's most recent quarterly report. .
Soros was one of the first investors to actually hunt down great opportunities around the world and basically construct a throng of imitators and fellow enthusiasts with Soros's same ideas. Bryon Wien, the chief domestic investment strategist at Morgan Stanley Dean Witter, who has known Soros for about 30 years said, "George opened all of our thinking to macroeconomic theory, and he made globalists of us all by making us understand the importance of geopolitical events on the U.
George Soros once stated something along this state of mind, "Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes." ... This extends what George Soros is saying by further explaining the severity of not leaning from your mistakes, in an extreme sense, but with a signficance. ...
The numerous nonprofit foundations created by the philanthropist George Soros are linked together in an informal network known as the Soros foundation network. www.soros.org is the website for Soros Foundation Network, which is dedicated to building Open Societies around the world. This site is expansively covered with information about the network and Soros himself, network programs, U.S programs, idea of Open Society, initiatives, annual report and many mo...
Above all, the result from George Soros as the culprit externally, and inadequate banking supervision leading to inefficient credit allocation internally were the main reasons for the crisis. Myung Soo Cha, the economist of Korea says, 'the first view (a conspiracy theory of George Soros) has difficulty in explaining why hedge funds did not attack either Taiwan or Singapore. ...
Globalisation The word globalisation has become a buzzword since its inception at the beginning of the 1990s. A cottage industry on globalisation has emerged from which academics and intellectuals make a living by writing articles and travelling the world debating with others. The financial and business sections of broadsheet newspapers are continuously littered with issues concerning globalisation and meetings are frequently held by the superpowers to discuss the state of the global economy, such as the meetings in Doha in Qatar, Cancun in Mexico and the IMF summit in Dubai. As a result of...
benefits and threats of globalisation Introduction There are processes in the international order--driven by revolutions in communication and information technology--that exhibit seemingly inexorable globalising tendencies while, at the same time, there are a range of actions, adopted by states and non state actors alike, that attempt to resist these often ill defined phenomena captured by the all embracing notion of 'globalisation'. For example, the long term tendency towards freer trade, electronic commerce and the seemingly uncontrollable power of deregulated capital markets do...
