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George Soros

George Soros was born in Budapest, Hungary. His father was a Hungarian Jew, who became a prisoner of war during and after World War I. Escaping from Russia, he rejoined his family in Budapest. Surviving the battle of Budapest, in 1947, the Soros emigrated to England. George Soros graduated from the London School of Economics in 1952. In 1956 Soros moved to US. Read on to know more about George Soros, the best forex trader.

George Soros worked as an arbitrage trader and as an analyst from 1956 to 1963.  Developing a philosophy of "reflexivity throughout this time, he had begun to explore on how to deal in investments. He finally concluded that he was a superior investor than he was a philosopher or an executive. He made his mark as an enormously successful speculator. He showed his expertise and wisdom by largely withdrawing when still way ahead of the game.

George Soros writes heavily on the concept of reflexivity. He focuses on the biases of individuals entering into market transactions and potentially changing the insight of rudiments of the economy. Soros believes that such transitions in the perceptions of basics of the economy are typically marked by disequilibrium rather than equilibrium. He has made the concepts of dynamic disequilibrium, static disequilibrium, and near-equilibrium conditions popular.

George Soros, the best forex trader is the founder of Soros Fund Management. He co-founded the Quantum Fund with Jim Rogers In 1970, which produced the main volume of the Soros fortune. In 2007, the Quantum Fund returned almost 32%, making Soros $2.9 billion.

Forbes lists George Soros as the 29th-richest person in the world, with a total worth projected at US$13.0 billion. The major portion of his vast wealth is committed to promote up-and-coming transitional nations to become 'open societies.' They are encouraged to be open not only in the sense of freedom of commerce but also be more receptive to new ideas and different modes of thinking and behavior.