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To: coug who wrote (213)11/16/2005 11:07:37 PM
From: stockman_scott  Respond to of 3961
 
George Soros is one smart investor...;-)

investopedia.com

A Quote from Soros: "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong."

Background: Known as a hedge fund guru, Soros' expertise is mainly in currency speculation. He is principal investment advisor for the Quantum Fund, which is recognized for having the best performance record of any investment fund in the world over its 26-year history. If you invested $100,000 in 1969 when Soros established the Quantum Fund and reinvested all dividends, your investment would have been worth over $150 million by the spring of 1994. At one point, analysts estimated Soros was earning over $4000 a minute.