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Mega-Libtard Billionaire George Soros Lost Nearly $1 Billion in Weeks After Trump Election
Posted by: Thanks Trump! ()
Date: January 12, 2017 01:06PM

"Who loses $1 billion in a year?"

George Soros...




Billionaire George Soros Lost Nearly $1 Billion in Weeks After Trump Election

Jan. 12, 2017 8:19 a.m. ET


Billionaire hedge-fund manager George Soros lost nearly $1 billion as a result of the stock-market rally spurred by Donald Trump’s surprise presidential election.

But Stanley Druckenmiller, Mr. Soros’s former deputy who helped Mr. Soros score $1 billion of profits betting against the British pound in 1992, anticipated the market’s recent climb and racked up sizable gains, according to people close to the matter.

The divergent bets of the two traders are a stark reminder of the challenges even acclaimed investors have faced following Mr. Trump’s unexpected victory. Many experts had predicted a tumble for stocks in the wake of the election, but instead the Dow Jones Industrial Average has climbed 9.3%.

Last year, Mr. Soros returned to trading at Soros Fund Management LLC, which manages about $30 billion for Mr. Soros and his family. Mr. Soros was lured back by the opportunities to profit from what he saw as coming economic troubles.

Mr. Soros was cautious about the market going into November and became more bearish immediately after Mr. Trump’s election, according to people close to the matter. The stance proved a mistake—the stock market has rallied on expectations that Mr. Trump’s policies will boost corporate earnings and the overall economy.

As a result, some of Mr. Soros’s trading positions incurred losses approaching $1 billion, the people say. Mr. Soros adjusted his positions and exited many of his bearish bets late last year, avoiding further losses, the people added.




Thanks Trump!

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Re: Mega-Libtard Billionaire George Soros Lost Nearly $1 Billion in Weeks After Trump Election
Posted by: Kill Soros ()
Date: January 12, 2017 03:58PM

That motherfucker needs to die now.

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Re: Mega-Libtard Billionaire George Soros Lost Nearly $1 Billion in Weeks After Trump Election
Posted by: Gunlover ()
Date: January 12, 2017 04:22PM

Gerry made 27,150 post for Hillary and Soros here and they still bounced his troll check. Thats a stupid dumbass coconut head busting non-HB-1 paki. Should have offered his services to to Trump where he would got paid.

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Re: Mega-Libtard Billionaire George Soros Lost Nearly $1 Billion in Weeks After Trump Election
Posted by: followthemoney ()
Date: January 12, 2017 04:29PM

I'd like to know how much he poured into Hillary's $1.2 billion losing campaign.

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Re: Mega-Libtard Billionaire George Soros Lost Nearly $1 Billion in Weeks After Trump Election
Posted by: Soros the dirty Jew ()
Date: January 12, 2017 10:44PM

Thanks Trump! Wrote:
-------------------------------------------------------
> "Who loses $1 billion in a year?"
>
> George Soros...
>
>
>
>
> Billionaire George Soros Lost Nearly $1 Billion in
> Weeks After Trump Election
>
> Jan. 12, 2017 8:19 a.m. ET
>
>
> Billionaire hedge-fund manager George Soros lost
> nearly $1 billion as a result of the stock-market
> rally spurred by Donald Trump’s surprise
> presidential election.
>
> But Stanley Druckenmiller, Mr. Soros’s former
> deputy who helped Mr. Soros score $1 billion of
> profits betting against the British pound in 1992,
> anticipated the market’s recent climb and racked
> up sizable gains, according to people close to the
> matter.
>
> The divergent bets of the two traders are a stark
> reminder of the challenges even acclaimed
> investors have faced following Mr. Trump’s
> unexpected victory. Many experts had predicted a
> tumble for stocks in the wake of the election, but
> instead the Dow Jones Industrial Average has
> climbed 9.3%.
>
> Last year, Mr. Soros returned to trading at Soros
> Fund Management LLC, which manages about $30
> billion for Mr. Soros and his family. Mr. Soros
> was lured back by the opportunities to profit from
> what he saw as coming economic troubles.
>
> Mr. Soros was cautious about the market going into
> November and became more bearish immediately after
> Mr. Trump’s election, according to people close
> to the matter. The stance proved a mistake—the
> stock market has rallied on expectations that Mr.
> Trump’s policies will boost corporate earnings
> and the overall economy.
>
> As a result, some of Mr. Soros’s trading
> positions incurred losses approaching $1 billion,
> the people say. Mr. Soros adjusted his positions
> and exited many of his bearish bets late last
> year, avoiding further losses, the people added.
>
>
>
>
> Thanks Trump!
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