George Soros loses a billion after Hillary loss to the White House

Link

Billionaire hedge fund manager and major Hillary Clinton backer George Soros lost nearly a billion dollars in stock since President-elect Donald Trump won the White House.

Soros returned to the stock market, trading at Soros Fund Management LLC, which manages almost $30 billion in assets for Soros and his family. Soros allegedly began trading again because he saw an opportunity to profit from what he predicted to be tumultuous economic times ahead. The billionaire scored huge profits in 1992 betting against the British pound.

The business mogul spent the last few years largely removed from his fund’s trading operations, spending his time mainly focusing on public policy, charity, and politics. Soros was the largest donor to the Super PACbacking former Secretary of State Hillary Clinton for President last year, and he also donated large sums to other Democratic groups.

While he was cautious going into the November election, Soros became increasingly bearish once Trump won, an investment term used to describe someone who believes their stock holdings will fall, the Wall Street Journal reports. Soros’s analysis of current trends proved to be a woefully inaccurate; the stock market had a historic rally in the month following Trump’s election. Soros Fund Management, LLC sustained nearly $1 billion in losses over the past six weeks

Read more: http://dailycaller.com/2017/01/12/soros-lost-1-billion-since-trump-won-the-white-house/#ixzz4ViKhdOpr

Also lol at Soros and his lame SuperPac money.

Such a shame.

He needs to lose much, much more.

BURN BABY BURN!

Nah but seriously, it's nice seeing those folks taken down a peg. They'll be fine, who the hell needs billions of dollars anyway (yes I know they have a right to it, but they don't need it)?

@FireEmblem_Man: So you're saying that his portfolio decreased in value by 3 to 4 percent. Gotcha.

-Byshop

That seems less than what Trump will cost the average American... Judging by the info I get here and there on the internet.

Ah, George Soros. He is very well-known where I live, and he is NOT popular, to say the least. I still think people here overestimated his "contribution," but still, the point is people hate him here.

So boohoo, a ludicrously rich dude who profited from other people's suffering just got a little less rich than yesterday. I would play the world's smallest violin if I could find it.

Wonder why a mega billionare would be supporting the noble and people's candidate, Hillary?

Can't say i feel sorry for anybody who supports groups that destabilize countries, he truly is a devil.

Poor guy.I feel for him.Poor,poor guy.

He probably already is, as he's funding more to protesters in order to stop Trump from getting into office or at least impeach him.

Ah, Sorosphelia is up and running again.

The right loves their bogeymen.

Much like the left's boogeyman with the Koch Bros.

and Putin.

And the left loves being ironic.

@Gaming-Planet: @FireEmblem_Man: So if you can see how stupid it is when it's done on the left what keeps you from realizing how dumb it is when you do it on the right?

I'm center-left. I'm aware these people aren't great, but people are definitely hyperbolic about them.

George Soros is a wanted man under the eye of Putin, though.

Unless he sold at a loss he hasn't lost anything yet.

You see how peaceful the Left is to an immigrant Iranian student that don't follow their narrative but was attacked and harassed for not standing with them? Yeah, that's how peaceful the left is compared to the right

The true fascists are those regressive leftists.

He was also in cahoots with Saul Alisnky and helped caused Benghazi.

Citizens United is such BS

It's also very convenient that their bogeyman is apparently a Jewish billionaire who happens to be secretly pulling all the strings.

@Jag85: much like the bogeyman of Russia hacking the election and blackmailing trump

Really they are all the same, they have just gone about different strategies in trying to take over the system.. It's why the democrats and republicans on numerous issues that are not social wedge issues are so hard to tell apart from one another. This really shouldn't be a right vs left issue, but a corporate oligarch vs every one else issue.. Though I will say that the Koch Brothers are the number one contender when it comes to influencing the system with the amount of power and funds they have put into it, even above Soros.

I was always a fan of Mike Meyers, moreso than Jason Voorhees. Freddie was so so.