Posted on 08/18/2010 8:15:54 PM PDT by FromLori
Billionaire trader and political manipulator,George Soros, is clearly not optimistic. The latest SEC filings are out on the Soros hedge fund, Soros Fund Management.
Between the end of March and the end of June, Soros lowered his stock investments from $8.8 billion to $5.1 billion in the fund, Soros Fund Management.
He sold most of his positions (over 95%) in Wal-Mart, J.P. Morgan Chase and Pfizer.
His biggest position at the end of June was in the gold ETF which accounted for 13% of his equity portfolio at $638 million.
Among the stocks that Soros added to the funds portfolio were Akamai Technologies, Salesforce.com, Netflix, and Chipotle Mexican Grill.
No mention of the near billion spent/invested on/in PetroBras? =.=
Ping.
I didn’t see one I wonder how we could find out?
I guess he figures “mission accomplished” and is on to wreck anothercountry.
He is such an evil little man I bet he has inside information!
Sell high buy low; better yet, sucker’m in with pessimism, and buy lower.
Hmmm.
The us stock market is too big for souros to manipulate. But I’d like to see him try. It’d take him down.
http://www.telegraph.co.uk/finance/markets/7950771/George-Soros-slashes-exposure-to-US-equities.html
Reducing his equity exposure from eight billion to five billion isn’t exactly “bailing” out of the market. With current economic conditions being what they are, I can’t believe he continues to hold equities at all.
There’s a lot of saber rattling going on around the world.....
Thanks I missed that!
I agree. I think he is on to easier pickings. Personally, I would like to see his finances as bankrupt as his sense of morality.
Just part of the PLAN.
So he bought Chipolte Mexican Grill stock. Does this mean that BO is going to push the amnesty program through?
Np Lori. :)
I love Chipotle, so I really didn’t need to know that.
That’s funny, I’m buying some more Pfizer and JPMorgan (or maybe GoldmanSachs).
Each to his own I would never have a dime in anything jp morgan or govt. sucks after knowing how they paid off obama.
Well he took a little hit on the Netflix position today
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