Here are some of the most famous bets by the man that had years where he single-handedly made profits comparable to the annual GDP of countries like Chad, Zimbabwe, Haiti, and that is held responsible by many (delusional dunning kruger sufferers) for bringing down entire countries.


==> Thai Baht short right before the Asian financial crisis: SEA tried to abuse the system and paid the price

Soros loves to look for dumb governments putting their hairy little hands into a country own business, such as with tariffs & capital controls.
He also is (well maybe was) always on the lookout for dumb central banks pegging their currency, having forced floors.

South East Asian countries did such things. The socialist governments helped out exporters with stimulus packages and a peg of their currencies to the USD to make it more favorable to exporters, to gain competitiveness against foreign countries.
During the years leading up to the crisis they also accumulated huge foreign debt, I do not mean as assets but liability, they had massive debt.

In 1995 governments of the USA (hey Bill Clinton years), Germany & Japan agreed to let the USD get stronger against the mark & yen.
SEA banks/governments/economies were subject to more and more pressure, and in 1997 the ponzi scheme ended up collapsing under its own weight.

Malaysian Prime Minister-Baghodler angrilly atacked Soros making crunchy anti-semitic comments, Soros explained that he shorted them months earlier and was actually a buyer during the price fall. Not sure politicians are intelligent enough to comprehend that subtility tbh.
I think this is when Philippines banned him for life.
Not very smart people probably think successful speculators are "wizards" that practice dark arts and some other silly supersticions 😏

This is when the west gave all kinds of lessons to asian countries on why they should not have too much debt, print imaginary money, take the pill, not do QE, etc... Everything those countries did themselves a few years later.

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==> Yen & Nikkei: Ridiculous media & government fear mongering about Fukushima meant discounts on Japan

Back in 2011 there was a nuclear leak in Japan (Fukushima) and oh boy here we go. All the dum dums making nuclear fallout calls.
Fukushima was a JOKE, I can already hear "noo huge deal how dare you downplay bla bla bla" by idiots that cannot admit they were wrong.

"The truth is finally coming out. Fukushima was a maximum radioactive event the worse possible level 7 let me come at you with my technical terms to make you scared and scientists agree you are not a science denier are you? The gov tried to hide it but we know the truth now it is much worse than Chernobyl and there will be a nuclear winter" yawn this aged well 😏
independent.co.uk/news/world/asia/why-the-fukushima-disaster-is-worse-than-chernobyl-2345542.html

sortirdunucleaire.org/Fukushima-It-s-much-worse-than-you

What I am calling a joke/hoax is all the pathetic claims made around it, not calling the accident itself a hoax duh.
We are still all around and the yen got inflated and the nikkei is in a bull market since 2012. When the US & global economy will crash it will prob still remain above that bottom.


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==> Herbalife: Same as CDO & MBS bears, Tesla bears, they get ran over. Soros knows this and so he bought

Another crowded short story. Hordes of angry bears went heavy short on the MLM scheme, what they failed to realize is only idiots invested in it, and they cannot make money off of each other maybe. It is what it is, noobs never sell. In 2018 or 2019 Herbalife ended up getting in trouble with the SEC, and the share price crashed into a straight line 45% (.618) and then crashed again. And angry herbalife bagholders were featured on @bagholderquotes.

As we are in a robinhood bubble the price went back up strongly again. Dumb retail is celebrating "hurray we showed them who boss" proud they won the battle of "who is the dumbest sucker out there to buy & hold worthless garbage". Terminal phase of every bubble.

Druckenmiller has only made a few percents since the market bottom hahaha this guy sure painfully learned his lesson in 2000.
I wonder if Dave Portnoy the self proclaimed "greater than Buffet" new stock captain has herbalife in his favorite stocks list?


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Sold the bottom and bought the top like a bawss. When this guy is wrong he is REALLY wrong.
He lobbyed governments to shut down the economy right after he went short and he made money, people are blaming him.
They might be right, maybe cheating is the only way he makes money.

He is probably trying hard to get fame for a really big win, only way to wash away the shame of his enormous mistakes.



==> I do not know much about Soros losses, but there are other ones to look (laugh) at

Bill Ackman most famous failure was his absolutely disastrous Valeant bagholding episode, which I described back in this idea in 2018.
Yes, I remember every single one of the 763 ideas I posted. You need good memory in this game. All the updates too, of course.
Price keeps falling but hey "I am right" (he was very very wrong too). Charts says bye bye and he holds the bag and hold and adds and holds.

An important lesson: bad traders and investors


By the way both Druckenmiller & Ackman are billionaires so there is place for mistakes even awful ones.
Do they deserve to be billionaires? Probably not. But they got there. Somehow.
Probably being good at marketting and at the right place at the right time and leeching off great investors like Soros Icahn etc.
And alot of leeching fees off investors by just shadowing markets and being slightly right in a normal distribution :/
Or every one else is so emotional, dumb, bad, that anyone that isn't a complete dog can make money 🤷‍♂

Ackman apologized for losing his investors money (ah so this is how, he takes 20% from the wins but investors eat the losses what a stupid system) and he said he "learned his lesson".

Just look at the returns, he really just shadowed the S&P with leverage from 2004 to 2012! Then he started speculating at first as usual it went straight up and he probably got hyped, and then it went to zero xd (back where it started), it went straight up since 2019 maybe he learned how to trade after 20 years, or maybe the stock market will not go straight down like in 1930 but rather sideways and he will get bled out.
It is amazing that some people manage to amass billions in investors/suckers money while doing nothing, until 2012 the returns were not uncorrelated returns, just shadow but higher with leverage. I guess that gets the attention of all the greedy people. "More number go up = better!".

He probably has a good understanding of stocks and has some qualities (other than marketing/investor seduction). Or can just be bad do nothing and just got lucky not to blow up yet. In 2004-2012 when he was shadowing the market he did not lose as much when it went down, but this is just 1 thing, can easilly just be luck. 1 decision = random luck. Many = not luck. Since 2012 his PNL really just looks like a random myfxbook noob. We'll see. They are at 41% ytd and made 50% last year. Luck not luck? Him? His PMS? You really can't tell. Anyway there is no shortage of people to point & laugh at 🤭 Davey Global Day Trader... Delusional Dunning Kruger to the max "I am a legend the master the captain of the ship".

static.seekingalpha.com/uploads/2019/9/12/saupload_9Y47nxmtxnv7z5fHR5FYsd1nMnbXHwSM0GJeYnliKRthh0FVexW7pqVnftScyKZWE1c4aRugBLkWO17FwaV_M4Mr96arxyrBgzWTAqXVu2LC8Y1_XWdekWGkD8Zuw8CGtdMvilIJ.png

I wish there was a video of Soros wrath when Druckenmiller got excited by the dot com bubble and messed up and then got kicked out.
I just want to see an angry Soros get all verbal and all.
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