George Soros

George Soros

Last Update: 2014-08-14

Number of Stocks: 363
Number of New Stocks: 182

Total Value: $13,271 Mil
Q/Q Turnover: 23%

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

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Weekly CEO Buys Highlight: OPK, BOBE, CONN, WPX, PHII Mario Gabelli,George Soros,John Rogers,David Einho - Weekly CEO Buys Highlight: OPK, BOBE, CONN, WPX, PHII
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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

The Gurus’ Favorite Asian Stocks George Soros,Andreas Halvorsen - The Gurus’ Favorite Asian Stocks
Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which companies based in Asian countries were held by the highest number of gurus. The following five companies come from a variety of industries, are Asian-based and are held by the largest number of gurus. More...

  • Currently 2.00/5

Rating: 2.0/5 (2 votes)

5 Geopolitical Risks to Watch George Soros - 5 Geopolitical Risks To Watch
The world is on fire. It would seem that every inhabited continent sans Australia is facing some degree of crisis, whether it be armed insurgency, foreign invasion, civil unrest or the death of a promising politician. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Weekly CEO Buys Highlight: TDG, OPK, QNST, PVA, CIO George Soros,Private Capital - Weekly CEO Buys Highlight: TDG, OPK, QNST, PVA, CIO
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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

T-Mobile Has a Remarkable Wireless Spectrum
In this article, let's take a look at T-Mobile US, Inc. (TMUS), a $23.59 billion market cap company, which offers digital wireless services in the U.S. under the T-Mobile and MetroPCS brands. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Weekly CEO Buys Highlight: FSFR, FSIC, OPK, EPE, ACXM
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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Time to Buy Tenet Healthcare? George Soros - Time To Buy Tenet Healthcare?
In this article, let's take a look at Tenet Healthcare Corp. (THC), a $5.88 billion market cap company, which is one of the largest U.S. for-profit hospital managers, in an extremely fragmented industry. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Top Hedge Fund Managers Are Buying Ally Financial Daniel Loeb,George Soros - Top Hedge Fund Managers Are Buying Ally Financial
Now that the investment management firms have filed their Form 13Fs with the SEC, we can gain better insight into which securities the investing gurus are buying and selling. The S&P 500 Grid at GuruFocus can be used to find the top buys, sells and net buys based on a number of different categories. More...

  • Currently 5.00/5

Rating: 5.0/5 (3 votes)

George Soros Increases Bet Against S&P, Buys New Stocks George Soros - George Soros Increases Bet Against S&P, Buys New Stocks
George Soros (Trades, Portfolio), famous for accurately predicting the directions of markets, has made an attention-grabbing move – increasing his short position in the S&P 500 in the second quarter. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Baker Hughes: An Attractive Long-Term Buy
Baker Hughes (BHI) has caught the eye of Gurus with consistent performance and steady growth. More...

LONG, ENERGY, OIL & GAS DRILLING SERVICES


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Manning & Napier Advisors Bet on this Stock, Should You?
In this article, let's take a look at Visa Inc. (V), a $133.83 billion market cap company, which is the world's largest retail electronic payments network and leading payments brand, providing services to consumers, businesses and governments globally. On June 30, this investment advisory firm added the stock at an average price of $209.06 and currently holds 797.050 shares. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Weekly CEO Buys Highlight: OPK, LJPC, SFNC, HAFC, TUBE
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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

5-year lows: Layne Christensen Co, Hansen Medical Inc, API Technologies Corp, and Female Health Co.
According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Layne Christensen Co, Hansen Medical Inc, API Technologies Corp, and Female Health Co. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Top Insider Sells Highlight: Illumina Inc.
CEO of Illumina Inc (ILMN) Jay Flatley sold 30,000 shares on July 24 at an average price of $175.43. The total transaction amount was $5,262,900. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Analysis of SodaStream´s ROE
In this article, let´s see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the Return on Equity (ROE), and we are going to analyze it in the case of SodaStream International Ltd. (SODA). More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Hedge Fund Manager Bill Ackman Against Herbalife in a Two-Year Battle to Shut Down the Company
In this article, let´s see what happened in the stock market with activist investor Bill Ackman (Trades, Portfolio), who will benefit from Herbalife Ltd. (HLF)’s falling share price. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Top Insider Buys Highlight: Opko Health Inc.
CEO, Chairman, and 10% Owner of OPKO Health Inc (OPK) Phillip Frost bought 46,000 shares at an average price of $8.73. The total transaction amount was $402,180. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

George Soros Keeps Buying TEVA, EQT, YPF, EGN, CZR And Keeps Selling GOOGL, BA, MSFT, HAR
George Soros (Trades, Portfolio) Keeps Buying TEVA, EQT, YPF, EGN, CZR And Keeps Selling GOOGL, BA, MSFT, HAR More...

GEORGE SOROS


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Weekly CEO Buys Highlight: OPK, GBIM, RICK
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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Add Notes, Comments

If you want to ask a question, or report a bug, please create a support ticket.

User Comments

EcellesCarson
ReplyEcellesCarson - 7 months ago
Thanks for infromation

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK