George Soros, Investment Icon, Entrepreneur, Philanthropist and self-made billionaire. Soros born August 12, 1930, in Budapest, Hungary Soros left Hungary during World War II when Germany occupied his homeland. Soros emigrated to England and attended the London School of Economics where he obtained his degree in finance. A man with determination and a plan for his life overcomes obstacles in his homeland and cements a future for himself in the investment world.
Soros, Coming To America
George Soros had a plan for himself and took his education and went to America where he could fulfill his dreams and build a future for himself. In 1969 Soros began a hedge fund company that overwhelmed the market with success. The most popular fund was the Quantum Fund successfully generates over $40 billion in returns. George Soros has become one of the richest people in the world. Another claim to fame is the title he earned as “The Man Who Broke the Bank of England. The well-known Black Wednesday United Kingdom Currency Crisis where he netted a profit of more than $1 billion. Read more on NYTimes.com.
Soros Investment Philosophy
As a multi-faceted personality, Soros is an active philanthropist, having donated more than $8 Billion to various causes worldwide.
To quote Soros, his investment philosophy “is a set of guiding principles that inform and shape an individual’s investment decision-making process.” He is always looking for undervalued stocks that meet his criteria for investment that he believes will eventually produce substantial returns. Of course, the key is selecting the correct investments.
Types of Soros Investing Philosophy
- Value Investing –
- Fundamentals Investing
- Fundamentals Investing
- Growth Investing
- Socially-Responsible Investing
- Technical Investing
Not every investment George Soros made has been marked as a success. It is much like a horse race. When you bet big on a horse, and he wins, you win big. But when you bet big on a horse, and he loses, the loss is enormous.
Hedge fund traders aren’t a boisterous group of investors. They tend to be quiet, calculative, and deep thinkers. During the crash of 1987, Soros took a loss of $300 million and probably didn’t show any emotion over the loss, just analyzed, made mental notes and forged ahead to rebuild the loss.
Philanthropic Side of George Soros
He began supporting black students in the 70s by supporting students attending the University of Cape Town, South African. Most of the philanthropic causes he contributes to are “non-violent” issues. Soros promotes educational advancement giving to other universities educating the underprivileged around the world.
The investment genius has also been very involved in his political agenda supporting his choice of leaders in America. Know more on CNBC about George Soros.