George Soros is a renowned tycoon and a successful business person who will go down in history for being founders of some of the organizations that include the Soros Fund Management and the Open Society Foundation. He has seen to it that he maximizes in profit making in whatever businesses he gets to venture in, and this has at times proved risky, but he, however, came through timely. His fame came in back in the day when he took a huge bet with the British pound that saw him gain profit of about one billion dollars.
Having graduated with bachelor’s in economics, George Soros is known to invest in opportunities that prove could meet future economic demand and this has seen him get ahead of all other investors of his time. Through analyzing markets and interpreting trends and statistics, he has been able to land him huge company deals and investing in areas that were too risky initially but landed him huge profits in the long run.
In 2008 he warned of an economic crisis that would affect the markets as a result of the Chinese government trying to improve their economy that will, in turn, have an impact on the dollar, euro, and pound. George Soros predicts this could be coming back. It is paramount to note that no one can do anything about market fail or success, all one can do is ensure that his or her business ventures can withstand the storms that come along. The only way this is possible is by investing in high -quality goods, being resistant enough during the turmoil and not giving up and most of all using every situation that the crisis brings to your advantage.
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He currently got back into trading stating clearly that he sees a niche that could lead to economic turmoil and in it lays huge investment returns. With a head start, this will help him grow when the market demand begins to take effect. Currently, the Soros Fund Management LLC that deals with gold mine being among his best investments continue to provide and meet his needs and those of his family as well as help contribute to his generous nature.
George Soros specifies that in the long run, he wants to be remembered for being a very successful business person, a philanthropist, and a philosophical achiever. He has apparently achieved this over time. As a philanthropist, and an author of matters that touch on transparency, politics, business and economics, he sure has made a name for himself, and his legacy will undisputedly live on to the future generation. He being geared more towards seeing to it that children get an education. Through this, he invests a lump sum of monthly yearly.
Learn more about George Soros:
http://www.bloomberg.com/news/articles/2016-06-09/here-s-how-george-soros-s-latest-predictions-have-played-out
http://www.cnbc.com/george-soros/