Chit Chat Stocks George Soros: The Investing Legend Who Broke The Bank of England
Oct 8, 2025
Discover the fascinating journey of George Soros, from his harrowing childhood in Hungary to becoming a master trader. Delve into his Quantum Fund's strategic successes and the concept of reflexivity that reshapes market dynamics. Learn about his legendary bet against the Bank of England and explore insights from the Asian Financial Crisis. The discussion highlights practical lessons on position sizing, understanding currency risks, and capturing market inefficiencies—valuable wisdom for today's investors.
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Refugee Roots Shaped His Risk Profile
- George Soros fled Hungary at 17, studied at LSE, and worked as a railway porter and nightclub waiter.
- His wartime childhood and philosophy background shaped his skeptical, contrarian investment outlook.
Quantum Fund's Multi-Asset Edge
- The Quantum Fund returned roughly 28% annualized from 1968–1993, compounding small capital into massive assets.
- Soros used a flexible multi-asset approach, trading stocks, bonds, currencies, and options opportunistically.
Go For The Jugular On High Conviction Trades
- When you have high conviction, increase position size decisively rather than taking small profits.
- Use leverage and concentration selectively on 'bulletproof' high-conviction trades.
