What is a quantum fund?
Quantum Fund is one of the most famous hedge funds in the world, and its founders are the famous investment price Rogers and Soros. Quantum fund is a high-risk fund, which mainly borrows money to invest in global stocks, bonds, foreign exchange and commodities. Soros believes that, just like the uncertainty principle in quantum mechanics, the securities market is often in an uncertain state, and it is difficult to measure and estimate accurately.
1970, Rogers and Soros jointly founded the quantum fund. Both of them are excellent investors. After less than 30 years of operation (Rogers left midway), the capital of Quantum Fund has never been less than10 million dollars. Value-added into a giant fund with total assets of nearly 6 billion US dollars.
During the development of quantum fund. Soros, with his extraordinary analytical ability and courage, guided the quantum fund to grow and develop again and again in the world financial market. He has accurately predicted the extraordinary growth potential of an industry and a company for many times, and thus obtained extraordinary returns in the rising process of these stocks. Even in the bear market where the market fell, Soros made a lot of money with his superb short-selling skills.
However, the market is cruel after all. Since 1998, investment mistakes have caused huge losses to the quantum fund. First, Soros misjudged the 1998 Russian debt crisis and the trend of the Japanese yen exchange rate, which caused huge losses to the Quantum Fund, and then the online stocks that invested in US stocks also fell sharply. At present, quantum funds are mainly engaged in low-risk and low-yield arbitrage transactions.