George Soros: Success in Life

George Soros is a successful businessman, investor as well as author. George Soros is quite intelligent and ambitious. In addition, Mr. Soros is considered one of the most successful businessmen within the entire world.

George Soros was born in Hungary and he is considered an Hungarian American. Soros attended the London School of Economics. Due to his ambition and hard work George Soros is worth over 20 Billion dollars.

Early in his career Soros accepted jobs at merchant banks before he decided to begin his first Hedge fund. His first Hedge fund was called “Double Eagle”. It seems Soros was quite successful establishing himself as a no nonsense and tough businessman.

The profits from “Double Eagle” allowed Soros to start his own company Soros Fund Management. Eventually Soros changed the name from “Double Eagle” to Quantum Fund. Therefore, Quantum Fund as well as Soros Fund Management was the two major companies which George Soros owned and operated. The organizations were quite successful and the popularity of George Soros grew quickly. Visit projectsyndicate.com to know more about George.

George Soros stated that early in his business career he simply applied basic “Laws of Relativity” which helped him build more successful business empires. Soros claimed that applying the basic “Laws of Relativity” helped him to better understand the asset market as well as swapping stocks.

George Soros supported several political causes over the years. Over a period of thirty years Soros donated over 10 billion dollars of his own money to various philanthropic causes.

George Soros played a significant role in Eastern Europe when the country attempted to make the transition from Communism to Capitalism. In addition, Soros made additional donations to various Universities to help educate those who were unable to afford a college education due to financial hardship. Soros received great praise and recognition for his interest in helping educate the young.

By the early 1980’s one of Soros companies has a worth of 400 Million dollars. It seemed whatever George Soros touched turned to gold. Of course, there were always small problems within his company that had to be addressed. It seemed Soros had the know how to solve just about any issue that came his way. Learn more on Discover the Networks about George Soros.

By the mid 1980’s Soros was an recognized and well established businessman. In addition, Soros tried his hand at writing and publishing. Fairly quickly Soros became a respected and recognized author. Soros could answer just about any business question or inquiry that was placed before him.

By 2013 Soros company “Quantum Fund” had assets of of over 5 Billion dollars. Within that same year it was announced that Soros planned to donate over 10 million to fund an expansion project which involved the Fen Hotels.

George Soros generosity allowed Fen Hotels to become involved within a major expansion project which turned out to be quite successful. Several major business articles appeared in various newspapers and magazines concerning Soros involvement with the hotel project.

Soros was married a few times and currently has three children. Soros continues to fund worthwhile business projects and has written several business related books and articles. George Soros is viewed as a major contributor as well as adviser within the business world.

Know more: https://www.nytimes.com/topic/person/george-soros

Timothy Armour Comments On Buffet Bet

Over the past several decades, Warren Buffet has turned his primary business, Berkshire Hathaway, into one of the top businesses in the world. He has also developed the reputation as being one of the best investors and financial managers of all time. Buffet has continued to provide consistent advice about investing wisely. One part of this has been to focus on investing in low-cost index funds, as opposed to more expensive hedge and mutual funds.

Over the past few years, many people have spent a lot of time analyzing a bet that Buffet has made with a few fund managers. Buffet bet that he could receive a better rate of return by investing in an index fund than someone would receive if they invested in a mutual fund. Finally, a few years after the bet was made, the dust settled and Buffet was concluded to be the winner.

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While Buffet is clearly an expert in the field and won the bet, some people are still not sure that his strategy is always the wisest. One person who has spoken out against the strategy is Timothy Armour, who is a principal of the Capital Group. Armour has spent over 20 years working for the Capital Group in a variety of roles, including asset and portfolio management.

Armour stated that part of the reasons why Buffet was successful in the bet was that the stock market did very well overall in that time period. The risk of investing in the stock market index funds is that there is no downside protection. On the other hand, hedge and mutual funds have the ability to hedge against risks and downside. Armour further pointed out that over the past 20 years, his fund’s average rate of return is more than 1% higher than the stock market.

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