George Soros: The Boogieman of Conservative Returns

According to the article on Forbes.com, George Soros was born in Hungary; he fled the nation and put himself through LSE (London School of Economics) while working as a waiter and a railway porter before starting his career in finance at a British merchant bank. Soros later moved to NY, got a start on Wall Street, then established his hedge fund in the year 1969 with 12 million dollars. The hedge fund was later rebranded and called the Quantum Fund.

In the year 1992, with Stan Druckenmiller at his side, Soros shorted the British pound making such a grand profit that he was named as the gentleman who broke the BoE (Bank of England). Years later, he’s an investing heavyweight through the investment management firm called Soros Fund Management, LLC; his family office boasts 30 billion dollars in assets and Twitter.com.

Soros hired Dawn Fitzpatrick in the year 2017, one of the most prominent women of Wall Street, to run Soros investment portfolio as Soros Fund Management CIO. Dawn is the seventh chief investment officer at Soros Fund Management, LLC since 2000. A longtime liberal causes supporter, Soros has been an aggressive critic of the U.S. President Donald Trump and more information click here.

According to the article on POLITICO.com, the billionaire investor, who scaled-down his political offering after then-unprecedented 27-million-dollar spending spree to try defeating President George Walker Bush in the year 2004, had quietly emerged again as leading Democratic politics funder, and as a leading boogie man of conservatives. According to the interviews with Soros’ associates plus Democratic fundraising operatives and Federal Election Commission records, Soros had donated or committed over 25 million dollars for boosting Hillary Clinton as well as other Democratic candidates plus causes. And some of Soros’ associates said they expected him, who garnered a fortune estimated at 24.9 billion dollars through currency trades that were risky, to provide even more as the Election Day was about to reach.

Soros had prepared to attend his first-time Democratic convention to watch Hilary Clinton, with whom Soros has a two-and-a-half-decade relationship, accepted the Democratic presidential nomination. But an associate said that he decided on canceling the trip as Soros, who had returned to active trading recently, felt that he need to monitor Europe’s economic situation closely and learn more about George Soros.

Nonetheless, people who are close to Soros said that he appeared more politically committed than he has been in years, motivated, they said, by a blend of faith in Hilary and fear of Trump, the Grand Old Party rival, whom Soros had accused of doing ISIS work by stoking fears. Michael Vachon, who is Soros’ political adviser, said that his boss has always been a consistent Democratic cause donor. However, in 2017, the political stakes were extraordinarily high and https://www.georgesoros.com/philanthropy/.