George Soros uses capitalism to reform it

Over the history of financial markets, very few investors have ever been able to earn more than 20 percent returns per year. In fact, there are very few investors alive today who have reached that lofty goal. One of them is George Soros. After running his own hedge fund for more than 45 years, Soros has returned almost 25 percent per year, making him one of the greatest investors in history and the greatest hedge fund manager alive today.

But Soros never intended to become a master of capitalism. From his earliest years, he was instead interested in pursuing a life of the mind. Growing up amid a toxic, anti-Semitic environment, his family was forced to leave his native Hungary in the early 1940s, after the Nazis took over his homeland. While his father was sagacious enough to quickly move the family away from the threats that the Nazi invasion presented, many of Soros’ relatives were not so fortunate. He lost dozens of extended family members to the Nazi death camps. Learn more about his profile at businessinsider.com.

This proved to be a formative experience in Soros’s life, leading him to develop an intense interest in understanding the ways in which societies are constructed and the ways in which political movements can directly affect all in their presence. Soros quickly learned the validity of the phrase that even though you may not care about politics, politics cares about you.

After graduating from high school with all As, George Soros applied to and was accepted at the London School of Economics. There he studied under famed philosophy professor Karl Popper, whose best-known work was the famous book ‘The Open Society and Its Enemies’. This book had a lasting impact on Soros’ philosophy and the way in which he chose to live his life. Eventually, Soros named his flagship philanthropic organization, The Open Society Foundations, after the book’s title. He was also deeply influenced by Popper’s view that the goal of any social order should be to maximize the freedom of all participants.

Read more: http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267

After graduation, Soros floundered for a number of years. Working a number of menial jobs, he eventually threw in the towel five years after graduation and decided to apply at Wall Street firms. At the behest of a friend, he applied to the firm called Singer and Friedlander, where he was shocked at how quickly he was hired. This marked the beginning of Soros Wall Street career. It is noteworthy that if Soros would have found suitable work in his field of philosophy, it is unlikely that he ever would have ended up as a Wall Street trader. This makes him unique among most billionaires, who almost always know from a young age that they wish to pursue a career in business. Read this article at Washington Times.

Today, Soros is one of the world’s foremost philanthropists and, perhaps, the greatest investor who ever lived.

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