George Soros is a self-made billionaire who has been in the capital market for more than 15 years. Investor Soros was born in Hungary but shifted in the United States where he pursued his university education. George Soros has great experience in both accounting and investment banking. He is also a successful author as he has already published some books, one of them being ”The Crash of 2008 and What it Means”. He is ranked as the best-selling author internationally.
Billionaire Soros has also been a major donor in the advocacy towards the attainment of transparency and observance of human rights in the society. George is the principal and the founder of Open Society Foundations and Soros Fund Management. After undertaking his economic classes and graduating, he invested in the international investment fund.
Being the head of Open Society Foundations on www.georgesoros.com/essays/, George Soros has enacted growth and accountability in the society. He is among the best humanitarians who have been fighting for the rights of equality and just society. The idea of Open Society Foundations was widely embraced by other leaders, who started other company branches in their countries. As a liberal minded person, George Soros has been financing the education ministry to make sure the youths are educated.
As a humanitarian, George Soros has extended his generosity into other continents such as Asia, Africa, and Europe. Billionaire Soros has been paying lawyers all over the world to represent victims who have lacking attention due to lack of funds to pay for the services. He has successfully solved the issue of political unrest by founding an international system to create transparency at a national level.
George Soros has been making some predictions on the performance of commodities in the stock market. Soros made an early warning to investors in the capital markets on https://en.wikipedia.org/wiki/Soros_Fund_Management regarding the economic crisis, an instance that came to pass. Billionaire George is an experienced market strategist able to understand the market indicators and predict either a rise or a fall.
According to a liberation made by ValueWalk publishers, George Soros earlier predicted the devaluation of the pound in the stock market. Understanding the full concept of the situation, Soros made a bet on the pound devaluation with $15 billion dollars. When stockholders termed the day as the Black Wednesday, he called it the awesome Wednesday, as he enjoyed the bet returns, which amounted to $19 billion dollars.
Regarding percentage recordings, the pound encountered a drop of 15% when compared to the United States Dollar. George Soros counted the bet, which was referred to as the Quantum Fund, a success.