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He made much of his wealth through currency speculation^. Profiting when entire countries or regions of the world were in economic trouble (arguably hurting tho
by jmatt 18y ago
He made much of his wealth through currency speculation^. Profiting when entire countries or regions of the world were in economic trouble (arguably hurting those countries). I think it's quite a rare skill to consistently be able to come out ahead speculating on currency. It's really all about speculating on global politics and economics.
I think he's trying to make up for it in his philanthropy. Personally I think a thief is a thief. Robin Hood or not..
As for him stirring the pot and making a statement. It's his right to do so. He'll make money no matter what happens to the economy. Though I would suspect he'll make more if the recession continues. My guess, he knew exactly what he was doing when he made this statement.
^ http://en.wikipedia.org/wiki/George_Soros#Business http://en.wikipedia.org/wiki/George_Soros#Business