What You Can Expect from a Currency Trader

There’s an interesting profile of George Soros at City Journal which I commend to your attention. I’m surprised at how rarely people mention that stability and order are bad for currency traders.

My interpretation of Mr. Soros is that he’s a shrewd currency trader and investor. He saw a depressed property (the Democratic Party), invested in it with the intention of showing a profit, and is doing so.

I see Donald Trump in much the same light. He saw a depressed property (the Republican Party), bought it at a bargain in foreclosure, and now he’s tearing it down to build something else, presumably with “Trump” emblazoned on it.

2 comments… add one
  • Steve Link

    I am kind of torn here. OTOH, I find it hard to believe that Soros really does everything conservatives claim. How does he find the time. OTOH, I firmly believe that with the astronomical levels of wealth we now see a few people have, maybe it really is possible. Maybe Soros and the Koch brothers really are behind everything, with a little help from their friends.

    Steve

  • CStanley Link

    Good article, and excellent observation in the post, IMO. Different methodologies but similar effects.

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