The world can be a highly volatile place. This has been particularly true in recent years as many changes have been noted across the world. Governments have fallen in places such as the United Kingdom and Germany. Those leading China seem to be unsure what should be the best way to help their people find peace and prosperity today. This has helped lead to potential instability in the financial market. One person who has been relied on for leadership in making sense of the markets is investor George Soros. Soros is one of the world’s richest men. He has a vast fortune that he has been able to amass as a result of being able to read the markets of the world quite accurately. Those who follow the markets know that they can rely on his judgement and his reading of the way the world’s markets interact with each other.
The Greatest Investors: George Soros
His Latest Move
As revealed in the Wall Street Journal, Soros has decided to return to the world of market trading. His efforts in recent years have been largely directed towards the promotion of causes that he cares about such as the presidential campaign of Ms. Clinton. It has been noted by market observers that he has chosen to stay out the market in the last few years. This is why many close watchers were startled to see that Soros has made the decision to back to the world of trading. Many people were even more startled to note that George Soros has chosen bearish investments based on his clear expectation that the markets may suffer some reverses. His investments have largely been of a conservative nature. His investments have been in commodities such as gold. Gold is one of the most common places for bearish investors to move to when they are concerned about falling markets. Such investments are often perceived as safe havens that help investors avoid losses.
One Of The World’s Most Respected Investors
A native of Hungary, Soros is noted for his vast understanding of markets around the world. He currently divides his time between many places including the United States and Europe. As a result of his work in this field, he has enjoyed tremendous success and a great deal of respect from those who know that investing can be tricky and confusing. His best known success came from a series of educated guesses about the path of the Pound, the currency used in the United Kingdom. He is currently clearly concerned about the recent decision in Great Britain to leave the European Union and go forward as a potentially isolated place. This may be influencing his decision to invest in gold and gold mining stocks.
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