George Soros

George Soros

Last Update: 2014-03-06

Number of Stocks: 237
Number of New Stocks: 77

Total Value: $11,775 Mil
Q/Q Turnover: 30%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

George Soros' s Profile & Performance

Profile

George Soros is known for the unmatched success of his Quantum Fund. A hedge fund guru, he is recognized for having the best performance record of any investment fund in the world over its 26-year history. A mere $1000 invested in 1969 when Soros established the Quantum Fund would have been worth $4 million by the year 2000. During that time he achieved a cumulative 32% annual return.

Web Page:http://georgesoros.com/

Investing Philosophy

His basic theory of investing is that financial markets are chaotic. The prices of stocks, bonds and currencies depend on the human beings who buy and sell them, and those traders often act out of highly emotional reactions rather than coolly logical calculations. Opportunities can be found by carefully studying the value and the market prices of assets. He focuses on a theory of "reflexivity," which is based on the premise that individual investor biases affect market transactions and the economy.

Total Holding History

Top Ranked Articles

George Soros: Financial Crisis is Entering "Act II"
The billionaire investor George Soros said Thursday that the financial crisis was entering “Act II” as Europe’s fiscal problems worsen and governments are pressured to cut spending to curb budget deficits — a move that may push the global economy back into recession, Bloomberg News reports. Read more...
George Soros speech at Humboldt University
The following is the full text of Soros's speech today at Humboldt University: Read more...
George Soros: The Cause of the European Crisis and Recommended Remedies
A euro is considered by George Soros as an incomplete currency. Dated back in 1992, a union has created by Maastricht Treaty, but that was only monetary union, not the political union. It has the common central bank without a common treasury. Read more...
PepsiCo - Hidden Potato Chip Dominance
When you hear the word “PepsiCo,” what do you think of? Read more...
Staples Stock (SPLS) Is a Steal
Common shares of Staples (SPLS) trade on the NASDAQ at $14 for a market cap of roughly $9.5 billion. Read more...
» More George Soros Articles
George Soros is a Hungarian-American financier, businessman, and notable philanthropist who have contributed $7 billion to various causes since 1979. He became known as "the Man Who Broke the Bank of England" after he made a reported $1 billion during the 1992 Black Wednesday UK currency crises. Soros returned an average of 30.5% per year between 1969 and 2000. Now, he is very active in supporting various political causes through organizations, the press, and supporting politicians. Currently Soros Fund Management has 727 stocks worth $6.42 billion as of 5/20 2011. In 2010, Forbes lists Soros as the Forbes list of billionaires 35th richest person in the world, and the 14th richest person in America, with a net worth estimated at US$14.2 billion.

Soros focuses on supporting liberal ideals and causes and developed a philosophy of reflexivity based on the ideas of Karl Popper. Reflexivity, as used by Soros, is the belief that the action of beholding the valuation of any market, by its participants, affects said valuation of the market in a "virtuous or vicious" circle. Soros began to apply his ideas on reflexivity to investing, using it to predict, among other things, the emergence of financial bubbles. His philosophies as he put them in his books have included, "My approach works not by making valid predictions but by allowing me to correct false ones… The secret to my success is that I know that I will be wrong. I consider it a strength to admit my mistakes. That allows me to stay in the game and fight another day."

In 1967, Soros helped establish an offshore investment fund. In 1973, he set up a private investment firm that eventually evolved into the Quantum Fund, one of the first hedge funds. He is a strong supporter of the Democratic Party and has funded many politicians including Barack Obama and John Kerry and media outlets over the years.

One of Soros’ long-time goals has been to subvert the national anti-drug policy of the U.S. Government, to move away from the use of national and global law enforcement resources against the drug trade, he calls this “harm reduction.” In 2010, he donated $1 million in support of Proposition 19, which would have legalized marijuana in the state of California. Soros has also been reportedly purchased a major stake in one of Colombia’s biggest banks, at a time when the Drug Enforcement Administration, in its study, “Colombian Economic Reform: The Impact on Drug Money Laundering within the Colombian Economy,” was documenting how major drug kingpins were taking advantage of the liberalization of the economy to put illicit drug revenue into legitimate businesses. The report stated: “U.S. and Colombian Government authorities have evidence of drug proceeds being deposited in every major bank in Colombia… A Colombian source indicated that many banks and businesses are owned covertly by principal members of the Cali cartel.”

In late 2009, Soros assembled 25 economists, financiers, and journalists in Bedford, New York to brainstorm the idea. This Summit resulted in a “unanimous agreement that our economic paradigm must change,” and a “recognition of the importance of empowering the young generation of economists to rethink” the field of economics. In the end, the Institute for New Economic Thinking (INET) was created as a nonprofit foundation in October 2009; its initial funding came from a $50 million pledge by Soros's Open Society Institute.

Commentaries and Stories

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Morning Coffee: Insider Buys George Soros - Morning Coffee: Insider Buys
This morning we are going to take a look at recent insider buys of more than $100,000: More...

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Interview with Hedge Fund Pioneer George Soros
Gregor Peter Schmitz: Every time Der Spiegel publishes an interview with you, the standard comment of many readers is: “Why should anyone listen to the thoughts of an aggressive speculator on the global financial system who repeatedly undermined the stability of that system?” More...

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Dish Network: Certainly Not Standing Still
That the pay TV industry is getting tougher every day is nothing new, but cable operators and satellite TV providers’ profits have been decreasing slowly, calling for a change in the traditional operating scheme. They year 2012 was an especially difficult one for DISH Network Corp. (DISH), as it reported declines on several aspects of its balance sheet. However, management is fixed on making fiscal 2014 a different story and has initiated several moves to boost profits and expand the company’s reach. And many investment gurus seem convinced about the upside potential, as George Soros (Trades, Portfolio) and Stanley Druckenmiller (Trades, Portfolio) recently bought large amounts of Dish shares. Let’s More...

TELEVISION,PAY TV,CABLE OPERATORS,SATELLITE TV PROVIDERS,WIRELESS SERVICES PROVIDERS


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Win at Investing: Play Moneyball George Soros,Paul Tudor Jones - Win At Investing: Play Moneyball
At long last Major League baseball returns as the single best sign that spring is here and summer is close behind. More...

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Weekly CEO Buys Highlight: OPK, RTRX, TFM, CSBK, AHP
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

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Gurus’ Most-Sold Fourth Quarter Stocks - Each at a 10-Year High George Soros,Chris Davis - Gurus’ Most-Sold Fourth Quarter Stocks - Each At A 10-Year High
In the fourth quarter of 2013, the S&P 500 hit record highs, while the majority of corporations (95) reported negative EPS guidance, and 12 issued positive EPS guidance, according to FactSet Research. The estimated earnings growth rate for all corporations for the quarter was estimated to be 6.3%, according to FactSet. The Financial sector led growth, increasing earnings by 24.2%. Energy lagged all sectors, with an 8% decline in earnings. More...

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Lions Gate: Will the Odds Be Ever in Its Favor?
As one of the largest film studios in the entertainment industry, Lions Gate Entertainment Corporation (LGF) produces and distributes motion pictures for theatrical and video releases, most times with a production budget under $35 million per film. The firm also produces television programming for cable and broadcast networks, and over the years has created a library of over 15,000 titles, which are distributed directly to retailers, video rental stores, and TV networks in the U.S., Canada, UK, Ireland, Australia and other international markets via its subsidiaries. Third quarter 2013’s record results led several investment gurus, like Steven Cohen (Trades, Portfolio) and George Soros (Trades, Portfolio) to buy the company’s More...

FILM,ENTERTAINMENT,MOTION PICTURES,CINEMA,VIDEO,BROADCAST NETWORKS,CABLE,TV


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Delta Air Lines: Improvements Go a Long way
Delta Air Lines Inc. (DAL) is the second largest U.S. airline and the largest transatlantic carrier in the world. Its route network operates around the hub system, including airports in Atlanta, Detroit, New York (JFK International Airport), Paris – Charles de Gaulle, and Tokyo – Narita, among others. After enjoying a solid fiscal year in 2013, the company’s strategy is set to focus on improving operational efficiency, enhancing customer experience and balancing capital deployment, so as to increase shareholder returns. Thus, several investment gurus like George Soros (Trades, Portfolio) and Whitney Tilson (Trades, Portfolio) are placing their bets on Delta’s profitability, having bought the company’s stock this More...

AIRLINES,TRAVEL,TRANSATLANTIC CARRIERS,AIRPORTS,VIRGIN ATLANTIC


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Sanofi's Getting Back in the Game
Located in Paris, France, Sanofi (SNY) is a company focused on the development and manufacturing of pharmaceutical products, primarily for sale in the prescription drug market. It concentrates on different therapeutic areas, such as cardiovascular disease, central nervous system disorders, diabetes, and vaccines. Sanofi has a global presence as it manufactures and markets prescription drugs in Europe, the U.S. and other countries. About 25 percent of total revenue comes from North America and another 25 percent from Europe, while fast-growing emerging markets represent the majority of the remainder of sales. In the last couple of years, Sanofi has faced significant loss of revenues as several of its key products went off patent -including its blockbuster drug, Plavix. In 2013, total sales decreased 0.5 percent (CER) to €33.0 billion as generic competition hampered revenues by €1.3 billion. Now that the company is past its patents cliff, new products are yet to make up for the lost revenues caused by genericization and pipeline failures. Will the company be able to conduct a full recovery throughout this year? Let's take a look and see what we can find out. More...

LONG, HEALTH, CARE, PHARMA


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Is Cooper Companies' Upward Trend Likely to Go On?
A Delaware corporation organized in 1980, Cooper Companies Inc. (COOP) is a global medical devices company dedicated to being A Quality of Life Company (TM) with a focus on delivering shareholder value. It operates through two business units: CooperVision, Inc (CV) and CooperSurgical, Inc (CS). They compete on the basis of product quality and differentiation, technological benefit, service and reliability. CS focuses on developing and manufacturing diagnostic and surgical products for gynecologists and obstetricians. Its customers are healthcare professionals and institutions providing care to and for women. On the other hand, CV is engaged in the development, manufacturing and marketing of monthly, two-week and single-use contact lenses, including advanced materials and optics. It is one of the world's top four developers and manufacturers of contact lenses. Approximately, 58 percent of CV's sales are international. CS' sales account for 15 percent of total sales. More...

LONG, HEALTH, CARE, MEDICAL, DEVICES


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Using Technology to Modernize Investors' Portfolio
CA Technologies (CA) is an enterprise information technology (IT) management software and solutions company. The company’s products are designed to operate in a range of IT environments, from mainframe and physical to virtual and cloud. The company has three operating segments: Mainframe Solutions, Enterprise Solutions and Services. More...

LONG, ENTERPRISE, IT, MANAGEMENT, SOFTWARE, SOLUTIONS


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Buying Back Stock May Help Rebuild the Credibility
Bank of America Corporation (BAC) is a bank and financial holding company. Through its banking and various nonbanking subsidiaries throughout the U.S. and in international markets, the company provides a range of banking and nonbanking financial services and products through five business segments: Consumer & Business Banking, Consumer Real Estate Services, Global Banking, Global Markets and Global Wealth & Investment Management, as well as All Other. More...

LONG, FINANCE, BANKS, BANKING, REAL ESTATE, INVESTMENT


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China's Minsky Moment - Market Strategist John Mauldin
In speeches and presentations since the end of last year, I have been saying that I think the biggest macro problem in the world today is China. China has run up a huge debt, and the payments are coming due. They seem to be proactive, but will it be enough? How much risk do they pose for the global system? More...

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Should You Buy Actavis?
Dublin, Ireland-based Actavis Plc (ACT) is a pharmaceutical company engaged in the development, manufacturing, marketing, sale and distribution of generic and brand pharmaceutical products. The company operates in three segments: Actavis Pharma, which its U.S. portfolio consist of approx. 250 generic pharmaceutical product families; Actavis Specialty Brands, which has portfolio of over 40 brand pharmaceutical products and Anda Distribution, which distributes generic and selected brand pharmaceutical products, vaccines, injectables and over-the-counter medicines. More...

LONG, PHARMA, BIO


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Amazon: a Few Downturns Don’t Affect Tremendous Growth Potential
Amazon.com Inc. (AMZN) is a U.S. e-commerce retailer, and the largest online retailer in the world. Based on Seattle, it first came online under the name Amazon.com in 1995. It started selling only books but soon diversified into every-day products from home appliances to video games, and any product that can be sold online, having resellers, direct brand selling and their own products on the site. More...

LONG, RETAIL, ONLINE, E-COMMERCE


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Abbvie's Humira Continues to be a Powerful Catalyst for Growth
AbbVie Inc. (ABBV) is a research-based biopharmaceutical company that develops and markets therapies that address diseases. It also has a pipeline of medicines and company’s portfolio of proprietary products includes a line of adult and pediatric pharmaceuticals. More...

LONG, BIOPHARMACEUTICAL, PHARMA, BIO


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Video Presentation - George Soros London School of Economics
An event with hedge fund legend George Soros (Trades, Portfolio) - Tragedy of the European Union: Disintegration Or Revival?: How Europe Must Now Choose Between Economic And Political Revival Or Disintegration. More...

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George Soros Lecture Series: General Theory of Reflexivity Q&A
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GEORGE SOROS


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George Soros Lectures: The Way Ahead
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GEORGE SOROS


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George Soros Lecture Series: Capitalism vs. Open Society
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GEORGE SOROS


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EcellesCarson
ReplyEcellesCarson - 2 months ago
Thanks for infromation

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