Billionaire George Soros is getting back to his roots in terms of investments. This savvy investor has been in the business for well over 50 years and is considered a magnate in the business world. Soros has a hedge fund company called Soros Fund Management LLC that he allows to be managed by a competent chief investment officer. This individual usually manages Soros’s investments according to the billionaire’s directions.
Over the last few years Soros has been busy on the campaigning and speaking out at various political forums all over the world. George Soros is heavily involved in U.S. and international politics. He was born in 1930 within the nation of Hungary. He was a teenager during World War II and he experienced life under Adolph Hitler. Soros is Jewish and though his family managed to escape the Holocaust they still had to endure many of the troubles that affected the Jewish people under the Nazi regime.
That part of life is now over for Soros. He has moved on into the world of finance. However, Soros’s “front line” experiences during World War II will never be forgotten. That time period in the billionaire’s life has helped to make him an international player on the political scene. This is important because his past life is what helps to make him successful as a modern investor and political speaker.
Soros is involved in politics because it helps to make him money. He has an uncanny ability to figure out when a nation is in political or social trouble. When these two factors are present, he already knows that their economy is going downhill. Once he can see a country’s economic troubles brewing he knows exactly how to profit off of it. He did this back in 1992 when England’s economy was in trouble. George Soros sold his investments within the British pound for less than what they were worth and literally made billions of dollars from this move.
Soros is now getting back to his roots with investing because he sees more opportunities for making more money. China is the current place where Soros is keeping his focus. Apparently, China is starting to decline and Soros claims that this country might trigger another recession in the world that was similar to the U.S. troubles back in 2008.
Soros is spending more time within his firm so that he can personally take control of his wealth and to continue building up his success as an investor. More information about Soros’s return to investing is available on the Wall Street Journal.
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