The Irish Times has a great profile of the greatest hedge fund manager and currency trader of all time.
The Chief currency strategist at Daiwa Securities in Tokyo, Yuji Kameoka, says the EUR/JPY will approach 147, the most since October 2008. “Europe’s monetary base continues to be significantly smaller because even as the ECB eases, it’s not buying assets … Continue reading
Soros is in Brussels and says the strong euro explains much of the French competitiveness problem and that the ECB has “been talking the euro down.” Speaking of French competitiveness, France is struggling to out-compete Nigeria in the World Cup … Continue reading
I posted an account of George Soros breaking the Bank of England on the weekend. The best part is Soros’ steely nerves and willingness to make a huge bet: According to Mallaby, Druckenmiller noted that their $1.5 billion bet against … Continue reading
Want to know what kind of guts it takes to bet big? Have a read of this account of George Soros’ bet against the Bank of England. Bonus appearance by our old friend Jim Trott.
George Soros’ Quantum Endowment fund had its second-best year ever in dollar terms in 2013, adding $5.5 bln to the billionaire’s fortune and putting Quantum back in top place among the most successful hedge funds of all time. The $5.5bln … Continue reading
George Soros writes about the world economy’s shifting challenges at Project Syndicate. The crisis has transformed the EU from the “fantastic object” that inspired enthusiasm into something radically different. What was meant to be a voluntary association of equal states … Continue reading
According to George Soros: As 2013 comes to a close, efforts to revive growth in the world’s most influential economies – with the exception of the eurozone – are having a beneficial effect worldwide. All of the looming problems for … Continue reading
George Soros is out with his latest commentary. He believes Germany must champion a plan to convert all outstanding European debt into Eurobonds. Failure to seize this moment would, I believe, lead to the disintegration and eventual collapse of the … Continue reading
Pun intended. You’re welcome. Noted stock market bear Doug Kass has an interesting article here: Kass: 10 Reasons the Market Has Peaked His reason no. 1 , and “At the core of my pessimism” is “Rising interest rates pose more … Continue reading