
Profile:
George Soros is a world-renowned hedge fund manager, investor and philanthropist. He became famous for the attack on the British pound on "Black Wednesday" in 1992, which earned him more than $1 billion in a single day. Soros is also a world-renowned philanthropist, having donated more than $30 billion through the "Open Society Foundations".
Career Highlights:
Founded Soros Fund Management in 1970
Successfully shorting the British pound on "Black Wednesday" in 1992
Donated more than 30 billion US dollars to global charity
Investment philosophy:
Soros proposed the "reflexivity theory", which holds that the biases of market participants will affect prices and fundamentals, leading to market fluctuations and cycles.
Classic quotes:
“What matters is not whether you are right or wrong, but how much money you make when you are right and how much money you lose when you are wrong.”
“The market is always in uncertainty and volatility.”