Published on 24 Mar 2024 on Insider Monkey via Yahoo Finance
Top 12 Stocks in George Soros’ Stock Portfolio
In this article, we discuss the top 12 stocks in George Soros’ stock portfolio. To skip the details on Soros’ life, investment philosophy, and his fund’s latest bets, go directly to the Top 5 Stocks in George Soros' Stock Portfolio.
Billionaire George Soros is one of the most famous hedge fund managers in the world, primarily known for shorting $10 billion worth of British pounds on September 16, 1992, a day known as “Black Wednesday." This trade made Soros $1 billion in profit in a single day as the currency declined against the German mark and US dollar by 15% and 25%, respectively. After this event, he has been known as "the man who broke the Bank of England."
While Black Wednesday was the event that made George Soros a huge celebrity, it wasn't his only successful foreign exchange bet. His global macro-investing strategies have made billions for him and his firm. He made $1 billion from Thailand's financial crisis in 1997, and in 2013, he made big bucks by betting against the Japanese yen.