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Soros used leverage so his actual profits were vastly greater than 10%.
by ckinnan 18y ago
Soros used leverage so his actual profits were vastly greater than 10%.
- falsestprophet 18y agoYou are correct. I should have thought through that more clearly. More precisely, he made about $1b on about $10b after leverage. Who knows what his leverage may have been. Maybe he made as much as 100% return on invested capital over the week.