Party Time: George Soros reportedly lost about $1 billion after Trump's election

[RealityTruth]

George Soros reportedly lost about $1 billion after Trump's election!!!

http://www.businessinsider.com/george-soros-lost-1-billion-after-trump-election-2017-1?r=US&IR=T&IR=T

Hedge fund legend George Soros lost a lot of money after the election of Donald Trump, according to a new report from The Wall Street Journal.

The Journal's Gregory Zuckerman and Juliet Chung cited people familiar with Soros' trading who said the billionaire became bearish after Trump's the victory, and those bets seem to have come back to bite him.

A small victory worth celebrating! We the people!

[1714237320]

1714237320

[Sithara007]

I am glad that he lost all this money. He was probably expecting to get a 10x ROI, once Hillary becomes the POTUS. That never happened, and he lost the money. Some others, such as Al-Waleed bin Talal, are also reported to have lost hundreds of millions of USD, if not billions.

[criptix]

George Soros reportedly lost about $1 billion after Trump's election!!!

http://www.businessinsider.com/george-soros-lost-1-billion-after-trump-election-2017-1?r=US&IR=T&IR=T

Hedge fund legend George Soros lost a lot of money after the election of Donald Trump, according to a new report from The Wall Street Journal.

The Journal's Gregory Zuckerman and Juliet Chung cited people familiar with Soros' trading who said the billionaire became bearish after Trump's the victory, and those bets seem to have come back to bite him.

A small victory worth celebrating! We the people!

Soros fund managment increased by 5% and the next 4 years will be tax heaven for him.
He lost 1 billion here and is making 5 billion there...

[VTCutch]

I am glad that he lost all this money. He was probably expecting to get a 10x ROI, once Hillary becomes the POTUS. That never happened, and he lost the money. Some others, such as Al-Waleed bin Talal, are also reported to have lost hundreds of millions of USD, if not billions.

For him it is not fatal. His fortune is estimated at 24 billion. Besides this loss in a brief period, no one knows how the market will behave in the future. Trump is not the man can be predicted, and there no one likes.

[HabBear]

Why is everyone so happy that a billionaire lost a bunch of money? It's not like it went to feed the poor, it just went into another billionaire's bank account.

I think we shouldn't denounce the rich. They made their money through hard work, luck, or family history. And they spend it and that helps others who make products or services. I'd rather the money be in private hands than in government hands. In government hands the money is wasted.

For those celebrating a billionaire's loss, you should focus less on celebrating someone else's misfortune and more on how you can improve your own situation (so you're less jealous).

[bryant.coleman]

I am glad that he lost all this money. He was probably expecting to get a 10x ROI, once Hillary becomes the POTUS. That never happened, and he lost the money. Some others, such as Al-Waleed bin Talal, are also reported to have lost hundreds of millions of USD, if not billions.

For him it is not fatal. His fortune is estimated at 24 billion. Besides this loss in a brief period, no one knows how the market will behave in the future. Trump is not the man can be predicted, and there no one likes.

Now he will lose even more. Trump is very much aware of the contribution made by Soros. The media channels controlled by Soros dished out negative propaganda against Trump 24X7. Now Trump will be looking forward to return the favor in kind. But it needs to be seen whether Soros' friends in the GOP will come to his rescue or not.

[RealBitcoin]

It's not like it went to feed the poor

Why the fuck would you feed the poor ? WTF is humanity now, a bunch of babysitters? They have 2 hands, they should go out and work.

Nobody should feed the poor, because then they reproduce and create more poor. They should find a job and feed themselves.

For those celebrating a billionaire's loss, you should focus less on celebrating someone else's misfortune and more on how you can improve your own situation (so you're less jealous).

Exactly a bunch of leftists, who are envious of another man's success.

[BADecker]

What is better is that a bunch of American advertisers are the ones who got it... the $billion.

 

[Spendulus]

It's not like it went to feed the poor

Why the fuck would you feed the poor ? WTF is humanity now, a bunch of babysitters? They have 2 hands, they should go out and work.

Nobody should feed the poor, because then they reproduce and create more poor. They should find a job and feed themselves.

For those celebrating a billionaire's loss, you should focus less on celebrating someone else's misfortune and more on how you can improve your own situation (so you're less jealous).

Exactly a bunch of leftists, who are envious of another man's success.

I suspect there are many varieties of "the poor," for example some that are disadvantaged because of government misappropriation and direction of assets, such that they cannot "find a job and feed themselves."

One such example would be 12 to 14 year olds in inner ghettos with no family and no support.

[Sithara007]

What is better is that a bunch of American advertisers are the ones who got it... the $billion.

 

Only a part of the funds went towards the media channels and newspapers in the form of advertising. Most of the money was in the form of unaccounted funds, which was used for typical democrat activities such as ballot stuffing and voter intimidation.

[RealityTruth]

They made their money through hard work, luck, or family history. And they spend it and that helps others who make products or services. I'd rather the money be in private hands than in government hands. In government hands the money is wasted.

For those celebrating a billionaire's loss, you should focus less on celebrating someone else's misfortune and more on how you can improve your own situation (so you're less jealous).

You don't know a damn thing about Soros if you think he is just a normal billionaire.

[dark_pride]

I am glad that he lost all this money. He was probably expecting to get a 10x ROI, once Hillary becomes the POTUS. That never happened, and he lost the money. Some others, such as Al-Waleed bin Talal, are also reported to have lost hundreds of millions of USD, if not billions.

For him it is not fatal. His fortune is estimated at 24 billion. Besides this loss in a brief period, no one knows how the market will behave in the future. Trump is not the man can be predicted, and there no one likes.

Now he will lose even more. Trump is very much aware of the contribution made by Soros. The media channels controlled by Soros dished out negative propaganda against Trump 24X7. Now Trump will be looking forward to return the favor in kind. But it needs to be seen whether Soros' friends in the GOP will come to his rescue or not.

You have too much faith in the possibility of Trump. This clown is the first President in America that has the threat of impeachment before his inauguration. Let's see how he will get out. I hope that idiot does not long continue to rule America.

[craked5]

...

Great, the guy lost a billion...
And?
It's not like the billion went to the people, can't really call tat a victory in any way...
The billion went to others billionaires, so it's not really an improvement...

[AT-N-T101]

...

Great, the guy lost a billion...
And?
It's not like the billion went to the people, can't really call tat a victory in any way...
The billion went to others billionaires, so it's not really an improvement...

I agree. What good is the fact that billions are moved from one pocket to another. 1% of Americans owns 50% of the wealth of the whole of America. Trump in his campaign promise hooked on this subject and I think that people will curse them when they find out that he cheated them.

[Denker]

I am glad that he lost all this money. He was probably expecting to get a 10x ROI, once Hillary becomes the POTUS. That never happened, and he lost the money. Some others, such as Al-Waleed bin Talal, are also reported to have lost hundreds of millions of USD, if not billions.

A billion dollars is a lot of money for all of us.
However he can absorb that loss pretty easy I think.It is just a small scratch for him.
Instead he should have lost 10 billion!That would make me much more happy.
That guy is the pure evil!

[RealBitcoin]

I suspect there are many varieties of "the poor," for example some that are disadvantaged because of government misappropriation and direction of assets, such that they cannot "find a job and feed themselves."

One such example would be 12 to 14 year olds in inner ghettos with no family and no support.

Yes indeed, the free market is so distorted, that you have demand for job, and you also have supply for a job, but you can't connect the 2 because of stupid regulations.


For example there are a lot of unemployed unskilled people in India, and there are a lot of job opportunities for unskilled in the US, but now they cant be connected because of a ban on immigration.

Furthermore there are a lot of high skilled job demand in the us (Doctors, Engineers,etc), and a lot of job prospects for that in South East Asia. And again you cant connect these.


In a globalized world, you have globalized demand and supply. There is alway a  job opportunity for you, it's just that maybe it's on the other part of the globe. And if you are not willing to move, then you are going to cry for a ban on immigration because you want your job close to you.

Either way, this ban on immigration is silly. It's just the last cry of the wolf before fading. People have to realize that the economy is much more global and complex now than 70 years ago, and the good old times will never come back.

[craked5]

I suspect there are many varieties of "the poor," for example some that are disadvantaged because of government misappropriation and direction of assets, such that they cannot "find a job and feed themselves."

One such example would be 12 to 14 year olds in inner ghettos with no family and no support.

Yes indeed, the free market is so distorted, that you have demand for job, and you also have supply for a job, but you can't connect the 2 because of stupid regulations.


For example there are a lot of unemployed unskilled people in India, and there are a lot of job opportunities for unskilled in the US, but now they cant be connected because of a ban on immigration.

Furthermore there are a lot of high skilled job demand in the us (Doctors, Engineers,etc), and a lot of job prospects for that in South East Asia. And again you cant connect these.


In a globalized world, you have globalized demand and supply. There is alway a  job opportunity for you, it's just that maybe it's on the other part of the globe. And if you are not willing to move, then you are going to cry for a ban on immigration because you want your job close to you.

Either way, this ban on immigration is silly. It's just the last cry of the wolf before fading. People have to realize that the economy is much more global and complex now than 70 years ago, and the good old times will never come back.

This is complete bullshit.
Why in hell should it be the case?
There is NO REASON that you would have a "job for you" in a global perspective! Why would it be the case?
You're telling me that without regulation there wouldn't be any unemployment? 

[RealBitcoin]

This is complete bullshit.
Why in hell should it be the case?

No it's you sir who is full of shit.

There is NO REASON that you would have a "job for you" in a global perspective! Why would it be the case?
You're telling me that without regulation there wouldn't be any unemployment? 

Yes I am telling exactly that. Without regulation, everyone would be employed.

Even a 5 year old can figure out, that if you don't restrict labor, then you will have labor.


In the 1800 in the USA everyone was employed. Now if the racism of course and the slavery would have not existed, then everyone could have been employed. Because regulations were simply nonexistent.


Try starting up a company, and see how much paperwork you have to do. I have a friend, and he tells me that 80% of his business is actually interacting with the government (taxes, health inspection, labor inspection, accounting, license management, going to bureaucrats for various permits, etc)

If none of that would exist, then pretty much anyone could start up a business, and certainly everyone would find a job in those businesses.

The regulations give power to monopolies, and monopolies dont want competitors. Do you get it?

[craked5]

This is complete bullshit.
Why in hell should it be the case?

No it's you sir who is full of shit.

There is NO REASON that you would have a "job for you" in a global perspective! Why would it be the case?
You're telling me that without regulation there wouldn't be any unemployment? 

Yes I am telling exactly that. Without regulation, everyone would be employed.

Even a 5 year old can figure out, that if you don't restrict labor, then you will have labor.


In the 1800 in the USA everyone was employed. Now if the racism of course and the slavery would have not existed, then everyone could have been employed. Because regulations were simply nonexistent.


Try starting up a company, and see how much paperwork you have to do. I have a friend, and he tells me that 80% of his business is actually interacting with the government (taxes, health inspection, labor inspection, accounting, license management, going to bureaucrats for various permits, etc)

If none of that would exist, then pretty much anyone could start up a business, and certainly everyone would find a job in those businesses.

The regulations give power to monopolies, and monopolies dont want competitors. Do you get it?

Awesome. Absolutely awesome.
You know another time where there was no or really low regulation?
1929.
No rule about wages.
No rule about employment.
You could do whatever you wanted however you wanted.

Ever read the grapes of wrath?
Cause that wasn't exactly a no unemployment world...

[RealBitcoin]

Awesome. Absolutely awesome.
You know another time where there was no or really low regulation?
1929.
No rule about wages.
No rule about employment.
You could do whatever you wanted however you wanted.

Ever read the grapes of wrath?
Cause that wasn't exactly a no unemployment world...

Oh really? So just all regulations went out the window. And you give me an example of the biggest financial crash when all properties prices went down due to stock market overleveraging, caused by a central bank controlled financial system.

But guess what without central banks, there was no economic collapse. Because the economy was "decentralized".

That is right, once you centralize something, you have a command & control economy. And if those people at the top fuck up, then you are all fucked.

That is why a decentralized economy is better, because it doesnt depend on a few people doing the right thing. Everyone can participate.


But you are probably a socialist, so I am just wasting my time arguing with you.


What are you doing in Bitcoin, if you believe the fully regulated financial system is perfect for you?