An article published in TOYOKEIZAI ONLINE column: Soros suffers big loss! The Trump rally was tougher than expected
Good morning, this is Matsushita.
Right now in online news,
I read an article that George Soros lost heavily in the Trump market.
Soros suffered a loss of about 110 billion yen in the "Trump market."
The Wall Street Journal (digital edition) reported on the 12th that
George Soros, a renowned American investor (86), after last November’s
presidential election, contrary to most expectations, saw a sharp rise in stock prices,
and incurred a loss close to one billion dollars (about 110 billion yen).
According to the newspaper, after the election Soros anticipated a stock price drop
and planned an investment strategy. However, in reality, due to expectations for various
economic policies under Trump, stock prices surged day after day in the so-called
“Trump rally.” By the end of last year he had stopped many investments, but the losses
had swollen.
(From Jiji Press, as original)
When people think of George Soros, the world’s top speculator,
he is famous for opposing the Bank of England and triggering the pound crisis by selling the pound
and causing the pound to crash.
I have read several of his books, so I do not claim to understand the details of his investment strategies,
but he has his own judgments about politics and economic situations and market outlooks,
and it seems he builds his trades by intertwining markets and commodities accordingly.
It appears that even Soros, regarded as the world’s top speculator,
missed his forecast this time and recorded a huge loss of 110 billion yen.
Among charismatic traders, even the world’s top
Sorosa, sometimes misjudges and incurs losses.
Perhaps you think those people labeled as charismatic traders/investors
almost never incur losses and continuously make profits,
don’t you?
That is not the case.
Even charismatic traders and the world’s top speculators
lose money.
Afterwards, they regain profits and recover their capital;
that is investing.
For Soros, the 110 billion yen loss this time is within a relatively manageable range of loss.
If that is the case, there is no problem with the forecast being wrong, and you should move on to the next investment.
Do not misunderstand.
It is impossible to keep making profits without ever incurring losses.
Losing money and then making a profit next.
That is how investing works every day.
Please examine the essence of investment in the losses of George Soros,
the world’s greatest speculator.
ps
Moreover, this shows that reading the Trump market this time was quite challenging.
There is also that.
pps
By the way, in SafeRich’s stock reports that I am writing,
during the Trump market in December, I was able to recommend profitable trades.
There are also recommended stocks with expanding unrealized gains.
Did I beat Soros? (laugh)