George Soros has gotten it right enough times that he’s piled up a net worth estimated by Bloomberg at $27.3 billion. But he’s also sly enough to proclaim his “concern” for the markets last week only after he’s shorted everything he owns. Now that he’s got his 1,000+ point Dow drop, he and his minions can pick up the bargains!
That’s just the normal fun & games of the market, but what really bugs me about Soros is that, when he’s not busy fleecing un-wary investors, he works actively to undermine free markets and free enterprise in general. Every far-left nut-group in the world can count on a yearly check from Soros because a., that’s his philosophical viewpoint, and b., he knows no matter what happens, he will still make money. Who cares if the little people starve, their businesses collapse, and dissenters get locked up (Venezuela, Cuba, North Korea), it’s all good in Soro’s book.