George Soros: a True Success in so many ways
George Soros is an established businessman, investor and author. Soros is of Hungarian decent and is considered one of the most successful businessmen and investors in the entire world.
In 2017 it is estimated that George Soros is worth is over $25 billion dollars. Soros is said to be one of the richest men in the world. George Soros had the drive and desire to succeed from a very young age. Read more about George at The New York Times.
*Education and Hard Work:
George Soros stresses the importance of education. Soros graduated from the London School of Economics with a degree in Philosophy. He began his career after graduation by accepting various positions at Merchant Banks. Soros has said many times that his early experience within the banking industry helped him establish a foundation for his future success.
Soros began his first Hedge Fund in 1969. Soros named his Hedge Fund “Double Eagle”. Double Eagle was quite successful and it helped Soros finance Soros Fund Management. Soros Fund management was George Soros second Hedge Fund which he successfully established in early 1970.
Eventually “Double Eagle” changed its name to Quantum Fund. Quantum Fund was quite successful and the company experienced exceptional growth over the years. In 2017, it is estimated that Quantum Fund has over $20 billion in assets.
George Soros claims his success within the capital markets is due to the fact that he applies the “Theory of Reflexivity” when making some serious business decisions. George Soros has said applying this theory which he learned in college helped him understand certain financial and trading theories and concepts. You would have to admit George Soros is a huge success in more ways than one.
Soros stresses the importance of understanding capital market structure as well as understanding the concept of shorting and swapping stocks.
*Supporter of Political causes & Higher Education:
George Soros supports a variety of political causes. In addition, Mr. Soros donated over $10 billion dollars to various political organizations over a twenty five year period. Soros formed his own foundation which he called the “Open Society Foundation”.
A firm believer in the importance of higher education, George Soros provided several endowments over the years to Central European University. Soros believes in giving back and helping others who are less fortunate. Learn more about his profile at Forbes.com.
George Soros is truly an amazing person who has been quite an inspiration to so many people. Soros is a man who has enjoyed success not only financially but in so many areas in which he is truly grateful.