Give It Up For George Soros - Financial Times

 With all the publicity surrounding his huge financial gift to Human Rights Watch this past week, George Soros has been in the news even more than usual. While researching his name I found many an article negatively portraying Mr Soros, so it's only fitting that I find some positive ones. The article below includes  praise of his financial savvy by The Financial Times .
   . . . June


Financial Times Says Give It Up For George Soros

Dealbreaker: A Wall Street Tabloid – Business News Headlines and Financial Gossip:

He’s one of the most well-known hedge fund managers in the world, praised prett-ay, prett-ay, prett-ay frequently for his market savvy but the FT has decided that Jorge just doesn’t get the props he deserves.

George Soros has been the public face of the hedge fund industry since long before he made $1bn forcing sterling out the European exchange rate mechanism. The total money his Quantum fund has earned for clients, though, has rarely been discussed – and is extraordinary. According to new research, the 80-year-old Mr Soros has produced $32bn for his customers since setting up in 1973, an average of over $900m a year. Put another way, Mr Soros and his team of 300 have made their investors more than the total earnings of Apple, which employs 34,300, or Alcoa, one of America’s 30 largest manufacturers. When it comes to the hedge fund mantra of “absolute returns”, Mr Soros is leader of the pack.

So whether its via a shoutout on your Bloomberg status, by picking up the phone and giving him a call or telling your friends “this one’s for my man George” when you puff one tonight, give it up for the guy. Other people you might also consider throwing some love at are the top ten absolute return managers, as ranked by the FT, who also suffer from a lack of recognition.

Read on . . .