Hedge fund legend George Soros thinks that Brexit is bringing calamity to the world's financial markets. "Unfortunately, Brexit has not only created an opening to reinvent the European Union, it has also aggravated two looming dangers,"...Show More Summary
Prior to the Brexit vote, George Soros was one of the notable names who came out to implore the voters to decide to remain in the EU. At that time, Soros took scaremongering to a new level by writing an op-ed titled "The Brexit crash...Show More Summary
In addition to the recently quite vocal George Soros and Stanley Druckenmiller, one republican hedge fund billionaire who has been warning for years about not only the looming trouble for the market but also a calamitous collapse ofShow More Summary
When you’re looking for a great investment in 2016, it’s no surprise that technology is one of the most lucrative fields around. Investors such as George Soros and Warren Buffet have experienced unparalleled success by jumping into the tech market, and it’s no wonder why. Show More Summary
Billionaire George Soros made a trading windfall from Brexit due to a $100 million bet against Deutsche Bank, a sizable put option bets against the S&P 500 Index, and a large holding in defensives Barrick Gold and the SPDR Gold Trus...
Links to the best reading in funds investing: George Soros didn’t short the euro, but he did set up a monster short on Deutsche Bank (DB) — Nicholas Comfort, Bloomberg Exchange-traded funds or notes linked to futures on the CBOE Volatility Index are often bought as stock-portfolio hedges, meaning that they bought with the expectation that their […]
George Soros, billionaire and founder of Soros Fund Management LLC, looks on during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 21, 2016. Bloomberg News Billionaire hedge fund investor and philanthropist George Soros keeps making news. This just in: he shorted Deutsche Bank (DB) on Friday. Soros sent a shiver […]
FRANKFURT (Reuters) - Billionaire investor George Soros took out a bet of more than 100 million euros ($111 million) that Deutsche Bank shares would fall at the time of Britain's vote to quit the European Union, according to a regulatory filing. Show More Summary
What, you were expecting it to go another way?
George Soros: Britain, I believe, had the best of all possible deals with the European Union, being a member of the common market without belonging to the euro and having secured a number of other opt-outs from EU rules. And yet that was not enough to stop the United Kingdom's electorate from voting to leave.... Show More Summary
The computer hacker who stole $50,000 from a nonprofit run by George Soros was sentenced Monday to up to six years in prison.
Billionaire investor George Soros is back in the investing game, and warned that the pound would suffer in a Brexit scenario. Given that one of his claims to fame is his successful short of the UK currency in the 1990s, Soros’s warnings were widely covered in recent weeks. But is this a case of ‘do as I say, not as I do’? Read More »
"George Soros did not speculate against sterling while he was arguing for Britain to remain in the European Union. In fact, he was long the British pound leading up to the vote," the spokesman said in an emailed statement. Soros, however,...Show More Summary
Links to the best reading in funds investing: Dang: George Soros was “long” the sterling before its epic collapse — Francine Lacqua and Sree Vidya Bhaktavatsalam, Bloomberg A rundown of Brexit-related hedge fund performances — Lawrence Delevingne and Svea Herbst-Bayliss, Reuters A look at what the asset managers are thinking post-Brexit vote — Anna Kitanaka […]
A week ago, billionaire hedge fund legend George Soros warned Britons and investors of the consequences of a vote to secede from the European Union, predicting that a vote to leave would cause the pound and stock markets to crater, a selloff he dubbeda "black Friday." Soros, who reportedly made [...]
LONDON (Reuters) - George Soros, the billionaire who earned fame by betting against the pound in 1992, did not speculate against sterling just ahead of Britain's vote to leave the European Union but he did profit from other bearish bets due to the Brexit result, a spokesman said. Show More Summary
George Soros, Leon Cooperman and other top investors confidently predicted that Britain would remain in the E.U. Now they’re proceeding with caution.
Disintegration of the European Union (EU) is possible and practically inevitable after the United Kingdom (UK) voted for the exit from the EU, known as Brexit, billionaire investor George Soros said Saturday.
Just four days ago, the "big guns" when George Soros wrote a Guardian op-ed titled "The Brexit crash will make all of you poorer – be warned" in which he said that "as opinion polls on the referendum result fluctuate, I want to offer...Show More Summary