Friday, January 13, 2017

Kind of Poetic Justice: Soros Loses a Billion Dollars during the Trump Rally

Oh well, I guess you win some and lose some.
Billionaire George Soros lost nearly $1 billion after the stock market surged following Donald Trump 's unexpected Nov. 8 election victory, The Wall Street Journal reported.
The hedge-fund manager's former deputy, Stanley Druckenmiller, however, foresaw the rally and gained a sizable profit, the Journal reported, citing people close to the matter.
I guess Druckenmiller decided to bet his wallet and not his ideology as Soros seemed to have done.

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