Thanks for the reference. It was an interesting read: Yet Soros wasn't the biggest single speculator to hold a position against the currency. Julian Robertson'

Thanks for the reference. It was an interesting read: Yet Soros wasn't the biggest single speculator to hold a position against the currency. Julian Robertson's Tiger Fund had three times the exposure of Soros with almost $3 billion bet against the baht. If anything, Julian Robertson would have been more motivated to engineer Thailand's decline. It seems there were only rumors that Soros had anything to do with it, all the while someone else was more profitable than him. And given that he was already famous for the GBP trade why not blame him? What is interesting is that people don't seem to understand the consequences of pegs. It is much easier to paint a picture of greedy investor. But in most cases it has nothing to do with the investor and all up to the central banks. Something similar happened in the swiss franc and here's what happened to Soros: https://www.zerohedge.com/news/2015-01-23/how-swiss-national-bank-almost-crushed-george-soros https://www.zerohedge.com/news/2015-01-23/how-swiss-national...