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George Soros Bet $1.3 Billion The Stock Market Will Fall
George Soros, the billionaire hedge-fund manager who has broken the British pound and some Republican hearts, is betting that the U.S. stock market could break, too.
Soros Fund Management had $1.3 billion wagered at the end of 2013 that the Standard & Poor's 500-stock index would fall, the Bullion Baron blog reported last week, citing the fund's latest regulatory filing. It was Soros' biggest position, making up 11 percent of his fund's holdings.
http://www.huffingtonpost.com/2014/..._n_4810434.html?utm_hp_ref=world&ir=WorldPost
George Soros, the billionaire hedge-fund manager who has broken the British pound and some Republican hearts, is betting that the U.S. stock market could break, too.
Soros Fund Management had $1.3 billion wagered at the end of 2013 that the Standard & Poor's 500-stock index would fall, the Bullion Baron blog reported last week, citing the fund's latest regulatory filing. It was Soros' biggest position, making up 11 percent of his fund's holdings.
http://www.huffingtonpost.com/2014/..._n_4810434.html?utm_hp_ref=world&ir=WorldPost
