In 1956, he moved to New York City, where he worked initially as an analyst of European securities and rapidly made his mark before starting his first hedge fund, Double Eagle, in 1969. Soros began his business career by taking various jobs at merchant banks in the United Kingdom, including the London merchant bank Singer & Friedlander. It was after reading Karl Popper’s tome, “The Open Society and Its Enemies,” that he first combined the concepts of science and politics which became the basis of his philosophy. His stay in London helped to shape his concept and approach to the financial markets and philosophy to life. After WWII, he made his way to England to study in 1947 at the London School of Economics. The arrival of the Nazis in Hungary in 1944 caused the family to split up to avoid being sent to concentration camps.

Soros lived his childhood in Budapest, Hungary, where he was born on August 12, 1930. George Soros is a Hungarian-born American born into a prosperous Jewish family in 1930. In 1992, he was nicknamed “the man who broke the Bank of England (BOE)” following a trade he made that forced the BOE to change its policy. He was named “the world’s greatest money manager” in 1981 by Institutional Investor magazine. In the trading and investing world, Soros is a revered name. That is an annual average growth rate of 30%! To put it in perspective, if you had invested $1,000 in his Quantum Fund in 1969, you would have earned $4 million by 2000. He turned an original seed funding of $12 million into $20 billion by the first decade of the 21st century. George Soros is a renowned hedge fund manager popularly known for his Quantum Fund, which has a great history of huge returns. What was George Soros’s main trading strategy?.George Soros’ trading strategy and philosophy (trading rules).

In this post, we look at this maverick investor and his life, career, trading philosophy, strategy, and trading rules. Who is he, and what’s George Soros’ trading strategy?

His legendary hedge fund, the Quantum Fund, achieved an average annual return of 30% from 1970 to 2000. In other words, Soros bets on the long or short direction of any market by studying the market movements, what other market participants are doing, and the actions of the government regulators.įamously known as the man who broke the Bank of England, George Soros is widely considered one of the most successful traders and speculators of all time. George Soros’ approach to trading is as a short-term speculator, making highly-leveraged bets on the direction of the financial markets based on market and macroeconomic analysis. “Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.” This quote by George Soros captures his primary trading strategy.

Lookmovie2 io