Soros increases stake in LEH

OMG this has got to be one of the most stupid posts ever on ET.

Maybe people think Soros is a great trader because his trading skill has earned him a personal net worth of $9 billion? Has that thought crossed your mind?

No wonder you're foolish enough to blindly and desperately study the Jack Hershey "methods."

Your hero couldn't even pull down $1 million like he bragged that he would here:
http://www.mediafire.com/?1gi2qygm3yh
Quote from romanus:

I don't know why everybody thinks Soros is such a great trader.
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Quote from romanus:

I don't know why everybody thinks Soros is such a great trader. He was making your average run of the mill low double digit returns until his fund grew big enough to have buying power to move currencies - and then he became famous for classic stock parlor tricks a la old Joe Kennedy (back in 20's) in currencies. Nothing spectacular, if you ask me.
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Lol, you are clueless. He made 40% annualised compound returns during his first decade, whilst the S&P was basically flat.
 
Quote from romanus:

..And the russians said: oops, sorry, all of this is so new for us, coming out of communism and all that - we thought they were just receipts for the money you gave us.:D
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funny but true, sounds like you know communism well.
 
Quote from Cutten:

He made 40% annualised compound returns during his first decade, whilst the S&P was basically flat.
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Agreed, but so are many other investments managers who are in the top 1% but not as famous as he is.
I am not saying that he isn't a remarkable investment manager, but technically, what he became famous for, are his currency manipulations. The type of manipulations that were very common in the US stock market 1900-1930, and then became illegal.
 
Quote from nkhoi:

funny but true, sounds like you know communism well.
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Communism is just a system of certain order. It does not change the basic human nature and traits. The communists are just as pragmatic as capitalists. Looking back at the history of how US was built as a country - it's remarkable how many techniques and methods (including violence, genocide and terror) from 1800's US were copied and applied by Bolsheviks after 1918.
 
He's way more than an "investment manager" and his shorting of the pound wasn't manipulation and it wasn't illegal, it was brilliant and bold speculation. But at least these statements of yours are less stupid than what you wrote about him before.
Quote from romanus:

Agreed, but so are many other investments managers who are in the top 1% but not as famous as he is.
I am not saying that he isn't a remarkable investment manager, but technically, what he became famous for, are his currency manipulations. The type of manipulations that were very common in the US stock market 1900-1930, and then became illegal.
More...
 
Wow... more insight into why you need Jack Hershey as a guru.
Quote from romanus:

Communism is just a system of certain order. It does not change the basic human nature and traits. The communists are just as pragmatic as capitalists. Looking back at the history of how US was built as a country - it's remarkable how many techniques and methods (including violence, genocide and terror) from 1800's US were copied and applied by Bolsheviks after 1918.
More...
 
Quote from bloosteak:

Wow. You would of thought they would just send a hitman or something like that.
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Some people got richer, some poorer. Next time around it would be the other way around. He gave most of it back being long Russian telecom stocks and short-term bonds in late 90's. Business as usual.
The similar scenario played out with Soviets getting f*cked because Reagan manipulated oil prices. Look who is getting f*cked now.
 
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