Another Soros misjudgement.
1. Soros missed dot.com opportunity
2. Soros then sunk $700M into vanishing IT stocks
3. Soros invested $42M in John Forbes Kerry and investment went sour
Methinks there is a trend here - He regularly flops when the odds are 50:50. The only way how such "wizzard" can make 30% net gain 31 year in a row is:
-inside information
-narcotics and weapons
Since Soros is a currency speculator and has ruined more then one country's economy I wonder how much he has made on US currency. That has to be the reason he was backing sKerry.