[hchutch]

The clarification is essential, IMHO.

If I buy stock, I am betting the company is going to perform well, and thus increase the stock price. The only active involvement a speculator has is to buy the stock.

If I were to do with stocks what Soros does to currency, I'd sell short, and then I'd have a bunch of my buddies talk down the company just before it's time for me to buy back the stock I sold short.

The latter would get me some VERY long discussions with people from the Securities and Exchange Commission, and it could mean time in substandard federally subsidized housing facility.

[Poohbah]

Exactly.

How Soros has lived as long as he has--74 years--is a mystery to me. If I'd been John Major in 1991, I would've invited M to lunch at my club and made a discreet inquiry about whether or not Commander Bond, RNVR, was available for assignment.