"It's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong"
George Soros

Quote of the day by Mr. Soros.

Who is George Soros?

George Soros, Hon FBA (/ˈsɔːroʊs/,[4] /ˈsɔːrɒs/; Hungarian: Soros György, pronounced [ˈʃoroʃ ˈɟørɟ]; born György Schwartz; August 12, 1930)[1][2] is a Hungarian-American[a] investor,[7] business magnate, philanthropist, political activist and author.[8] Soros is one of the world's most successful investors.[9][10][11] As of February 2018, Soros had a net worth of $8 billion,[12] after donating $18 billion to his philanthropic agency, Open Society Foundations.[13]

Born in Budapest, he survived Nazi Germany-occupied Hungary and emigrated to England in 1947. He attended the London School of Economics graduating with a bachelor's and eventually a master's in philosophy. He began his business career by taking various jobs at merchant banks in England and then the United States, before starting his first hedge fund, Double Eagle, in 1969. Profits from his first fund furnished the seed money to start Soros Fund Management, his second hedge fund, in 1970. Double Eagle was renamed the Quantum Fund and was the principal firm Soros advised. At its founding, the Quantum Fund had $12 million in assets under management, and as of 2011 it had $25 billion, the majority of his overall net worth.[14] He is known as "The Man Who Broke the Bank of England" because of his short sale of US$10 billion worth of Pound sterling, making him a profit of $1 billion during the 1992

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