George Soros, a Great Forex Trader

George Soros was born in Hungary by a Jewish family. He was born a time when Jews were having very difficult survival times. The name Soros came as a result of protecting themselves whereby they decided to change from a Jewish name. It, therefore, became a family name that made them look more of a Hungary family. His past life has been very difficult and more information click here. That was when Nazi decided to occupy Hungary and thus Jewish families could not get a chance to take their children to schools. He survived so many wars including the Budapest Siege in the year 1945. Thus he grew up seeing how children and women suffer as a result of unstable governments. Their parents had to buy documents to confirm that they were Christians and that is how they survived the war. In the year 1947, they relocated to England as immigrants and Soros became a joined London School of Economics  and read full article.

George Soros while still studying Philosophy, he used to the worker as a waiter and a railway porter. Soros later started to look for a better opportunity and wrote so many applications. He got his entry-level job at Singer & Friedlander. He graduated in the year 1951 with his bachelor’s degree in Philosophy and later in the year 1954, he got a Master of Science degree in philosophy at the same London School of Economics. Before securing a job at Singer and Friedlander, he describes that moment as the lowest moment in his life. In the year 1956, Soros was referred by a friend to F.M. Mayer that is located in New York City. He specialized in European stocks and worked with the company for only 3 years. He later decided to look for greener pastures and joined Wertheim and Co. He had a goal of saving $500,000 that would help him return to London School of Economics to advance his education. He worked on a theory of reflexivity during his time as the European securities analyst. He had followed the ideas of his brilliant tutor, Karl Popper and what George Soros knows.

In the year 1963, George Soros became the Vice President of Arnold and S. Bleichroeder. That is when he started working on trading strategies. He followed his theory of reflexivity and in the year 1973, he formed Soros fund. He later renamed it and called it Soros Fund Management and became its chairman. He worked in collaboration with people like Jim Rogers. Mark Schwartz, Keith Anderson, and his two sons. That is when Soros resigned from double edge due to conflicts of interest and urged the then shareholders of that company to transfer their shares to Soros Fund Management. Till date, the company has earned him a lot of billions and has also made him become the world’s 19th richest man and Follow his Twitter.

More Visit: https://www.opensocietyfoundations.org/people/george-soros

Leave a Reply