1979 Soros established his first foundation, the Open Society Fund, in new york. He established the first Eastern European Foundation in Hungary on 1984, and the Soviet Soros Foundation on 1987. Now, he funds the foundation network, which operates in 365,438+0 countries, covering Central and Eastern Europe, the former Soviet Union and central Eurasia, and South Africa.
Haiti, Guatemala and the United States. These foundations are committed to building and maintaining infrastructure and public facilities in an open society. Soros also established other important institutions, such as China Europe University and the International Science Foundation.
Soros received honorary doctorates from the Institute for New Society, Oxford University, Budapest University of Economics and Yale University. 1995 The University of Bologna (Italy) awarded the highest honor-Laurea Honor is Causa to Mr. Soros in recognition of his efforts to promote an open society all over the world.
Soros is the chairman of the board of directors of LCC Soros Fund, and the Private Investment Management Office confirmed that he is a consultant of Quantum Fund Group. Quantum fund is the oldest and largest fund in the quantum group, and it is generally considered as the best performance of any investment fund in the world in its 28-year history.
George soros (international sniper)
Investment strategy and theory: Based on "reflection theory" and "ups and downs theory", we can enter and exit at the turning point of the market, and take advantage of "herd effect" to actively manipulate the market against the market for market speculation. What matters is the market trend.
Theoretical exposition: Soros's core investment theory is "reflection theory", which simply refers to an interactive influence between investors and the market. The theoretical basis is that people can't correctly understand the world, investors enter the market with "prejudice", and "prejudice" is the key to understand the dynamics of financial markets. When "mass prejudice" belongs to only a few people, its influence is still very small, but the prejudice of different investors will produce group influence in the interaction and will evolve into a dominant concept. It is the "herd effect".
Specific measures: invest a huge amount of money in the market that will be "big" and induce investors to buy enthusiastically together, thus further pushing the market price up until the price is crazy. When the market is about to collapse, take the lead in shorting, because the market is at its peak and fragile, and any sign of trouble may cause panic selling, further aggravating the decline until it collapses. Go in and out at the turning point of ups and downs and earn speculative spreads.
Rules and Taboos: There are no strict principles or laws to follow, and only intuition and offensive strategies are used to implement the "forest law" to win in one fell swoop.
The forest law is: 1, wait patiently for the opportunity to appear, 2, attack the weak, 3, be ruthless when attacking, 4, if things are not as expected, saving your life is the first consideration.
Views on the relationship between the general trend and individual stocks: pay attention to the market atmosphere and value the general trend more than individual stocks. It is considered that the short-term market trend is only a kind of "herd effect", which has nothing to do with the quality of individual stocks.
Views on stock market forecast: Don't forecast to actively guide the market when market opportunities are approaching.
Views on investment tools: there is no specific investment style and it does not follow established principles. But pay attention to the changes in the rules of the game. "Hedge fund", a borrowing method of circulating mortgage, constantly magnifies the leverage effect. With this lever, as long as we find the fulcrum, we can even incite the entire international monetary system.
Famous sayings and concepts: "Speculation is like the forest law of the animal world, which attacks the weak, and this practice often succeeds." "Everyone has weaknesses. Similarly, any economic system also has weaknesses, which is often the most irresistible point. " "Herd effect is the key to the success of every speculation. If this effect does not exist or is quite weak, it is almost certain that we will be difficult to succeed. "
Other achievements: 1930 was born in Hungary, and he was Jewish. 1968 founded the First Eagle Fund. 1993 topped the list of the richest people on Wall Street 100. 1992 earned $2 billion by sniping at pounds.