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He's not just an investor, he's also a philanthropist. Does intentionally undermining markets through dishonest public statements jibe with all the nice stuff he's done?


He made much of his wealth through currency speculation^. Profiting when entire countries or regions of the world were in economic trouble (arguably hurting those countries). I think it's quite a rare skill to consistently be able to come out ahead speculating on currency. It's really all about speculating on global politics and economics.

I think he's trying to make up for it in his philanthropy. Personally I think a thief is a thief. Robin Hood or not..

As for him stirring the pot and making a statement. It's his right to do so. He'll make money no matter what happens to the economy. Though I would suspect he'll make more if the recession continues. My guess, he knew exactly what he was doing when he made this statement.

^ http://en.wikipedia.org/wiki/George_Soros#Business


US charitable foundations (Carnegie, Welcome, Gates, most private Universities etc) are there to make money for their cause - they do not exist to do good in the markets or only invest in 'nice' companies.

When a stock market pundit, wether they work for Soros, Fox News or XYZ charity publishes something about a sector - it is because their employers have an interest in it being beleived.


You're joking, right?




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