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Inspiring Quotes: The Greatest Quotes of George Soros

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Soros is the founder of Soros Fund Management. In 1970 he co-founded the Quantum Fund with Jim Rogers. It returned 3,365% during the next ten years , and created the bulk of the Soros fortune.

On Black Wednesday , Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England's reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency.

Finally, the Bank of England was forced to withdraw the currency out of the European Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed "the man who broke the Bank of England."

This ebook contains the greatest quotes of George Soros.

Pages: 24

Format: Kindle Edition

Release: January 25, 2012

Inspiring Quotes: The Greatest Quotes of George Soros

0/5 ( ratings)

Soros is the founder of Soros Fund Management. In 1970 he co-founded the Quantum Fund with Jim Rogers. It returned 3,365% during the next ten years , and created the bulk of the Soros fortune.

On Black Wednesday , Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England's reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency.

Finally, the Bank of England was forced to withdraw the currency out of the European Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed "the man who broke the Bank of England."

This ebook contains the greatest quotes of George Soros.

Pages: 24

Format: Kindle Edition

Release: January 25, 2012

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