George Soros Track Record

Quote from failed_trad3r:

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.

You could argue that investors money is more important than your own capital, especially for someone of Soros's caliber, it's his reputation. Even for a small time manager it's important, if he loses client funds he's screwed.

There's no reason why the average Joe trader can't adopt some of his money management and compounding principles though, they make perfect sense when you think about it.

Soros's GBP trade is what he's best known for but it wasn't his only trade, what did it return, 15%?
 
Quote from aliabassi1:

Quantum Fund - legendary performance record of 4100% in 10 years. That is average of 410% per year ---- Bloomberg interview with Jim Rogers

They usually calculate such as compounded and that is 45% annual. Still very good but much less than 410%...
 
Quote from Pekelo:

They usually calculate such as compounded and that is 45% annual. Still very good but much less than 410%...

And that's only 3.2% per month compounded. Then take into account the way he compounds gains and it's probably even less than that.

Like you say it's still extremely good for a fund that size but it puts it into perspective a bit, 4100% is like wow, 0.15% per day not so wow. :)
 
Quote from failed_trad3r:
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...luck.
What an absolute load of horseshit. Your screen name is about the most appropriate one I could imagine for someone making an idiotic statement like this.
 
Quote from cabletrader:

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)

Thank you very much for posting the vid. It is very good.
 
Did Soros ever go into his trading methodology. Was he short term trader or long term investor or both. I'm assuming he used technical as well as fundamental analysis.
 
Quote from makloda:

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Based on this chat, I got following data (approximately):

1. About 14 year
2. About 250% return
3. About return = 9.4% compound

Does the above calculation look ok?
Or did I miss some thing?
 
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