When speaking energy investing, George Soros is an extremist! The multi-billionaire hedge fund brainiac, philanthropist, and serial entrepreneur thrive on successful investment strategies. In an exclusive by The Street, George Soros Fund Management surrendered all NRG Energy, Chevron and Chesapeake Energy shares. Economists still cannot make sense of this drastic move by George Soros who’s long been keeping ahead. Unfortunately, non-billionaires cannot invest this heavily. Instead, they’re accustomed to observing investment market trends and making sensible buying or selling decisions accordingly. While billionaire investors like George Soros don’t mind, economists and common market capitalists are trying to make sense of the idea.
With the prospect of pursuing markets that promise highest returns, should investors encourage such a recourse? Apparently, it’s not a rational step for every investor, but it’s a strategy that has ignited curiosity. It’s obvious Soros strategy works as he’s not been trending as Forbes top pick for the wealthiest hedge fund investor for making unwise financial decisions. The influences determining energy prices have the masses worried as volatility peaks. With oil prices skyrocketing, following Russia and Saudi Arabia proposal to freezing oil production, investors have remained hopeful, but it’s a momentary effort. Unfortunately, Iran with the fifth largest oil reserve in the world opted not to endorse the proposal. Now, the weakened energy industry stands a great risk of triggering a chain of chaos throughout economic markets should it continue on this path. Top-performers McDermott, Transocean, and Chesapeake have recently joined the losers according to recent weekly forecast. Worst of all, the World Bank has slashed prices across the board.
Hungarian-born investor, George Soros, who chairs Soros Fund Management continues to support humanitarian and democracy. Through his charity, the Open Society Foundations, Soros sponsors over 100+ countries. He’s inspired followers worldwide with his opinions on economic issues and investing. With an experience spanning over 30+ years, Soros possesses unmatched insight on investing and philanthropy. Having survived the Nazi oppression of Hungary, he sought asylum in England, where he later studied Economics before relocating to the U.S. There, Soros launched his own international investment boutique, which eventually made him extremely wealthy.
Today, Soros sponsors numerous philanthropic organizations, an initiative he’s continued since 1979. Having procured funding, Soros aided Cape Town University students that needed education sponsorship. In addition to his philanthropic duties, he’s penned numerous books, for example, “The Tragedy of the European Union,” a 2014 release. Additionally, he’s a regular contributor to global media outlets, discussing matters of economics, society, and politics. Soros also founded the CEU (Central European University), an educational initiative focused on the ideologies of critical thinking. With several news articles and op-ed submissions to different online media outlets, including the WSJ (Wall Street Journal). The official George Soros website shares the latest investment news about his life’s work.