George Soros Track Record
- Thread starter lasner
- Start date
Found two sources online -- one theStreet.com -- that quoted just over 30% average annualized returns over the 31 1/2 year lifetime of the original Quantum Fund.
Who knows about the reliability of the sources? It's teh interwebs. Take it for what it's worth.
Who knows about the reliability of the sources? It's teh interwebs. Take it for what it's worth.
Quantum Fund - legendary performance record of 4100% in 10 years. That is average of 410% per year ---- Bloomberg interview with Jim Rogers
It's not hard to understand some of the ways he achieved those legendary returns.
Out of everything I've ever read and watched about trading I think this 1995 Soros interview and his compounding/leveraging/deleveraging strategies influenced my own trading the most, so simple yet so easy to apply, and so effective. (>9 mins in)
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George Soros is not a trader like the people on ET. His bet against the British Pound was profitable not because of outside forces, but because he was an outside force. He became the market. No trader on ET can copy that.
Coupled with the fact he is not trading with scared money, but money from investors, you should think hard whether his returns were made because he is a "brilliant" trader, or had alot to do with money management and luck.
Coupled with the fact he is not trading with scared money, but money from investors, you should think hard whether his returns were made because he is a "brilliant" trader, or had alot to do with money management and luck.