George was born and raised in Hungary during a difficult period. During his childhood, the Nazis took over the country. After the defeat of the Nazis at the end of World War II, the Soviet Union imposed a communist government on Hungary. Consequently, Soros has experienced the worst tyrannies of both the far right and the far left. He escaped Hungary and went to England, where he attended the London School of Economics. While in school, he came under the strong influence of Karl Popper, a philosopher. This strongly influenced the rest of his life in two ways.
First of all, Soros credits applying Karl Popper’s General Theory of Reflexivity to making investments. He claims this gives him a way to accurately value securities, so he detects asset bubbles and when particular stocks or other asset classes are over or under valued. Plus, he explains in his book The Alchemy of Finance, he can predict how markets will react to actions that investors make. This turns investing into more of a long-term chess game, where he can implement a complicated strategy by planning his moves out ahead of time because he knows how the market will react to them. Most traders simply buy or sell a position, then end it when it either makes them a profit or loss. As a hedge fund manager, Soros has had unprecedented success. He has grown his wealth from nothing to billions, becoming one of the wealthiest men on Earth.
Karl Popper also wrote about his idea of an “Open Society” that is in opposition to tyranny and totalitarianism. This must have struck a chord with Soros after his experiences with both the Nazis and the Communists. In 1979 he was already an extremely wealthy man by most standards, so he began using his money to influence the world in a positive direction. He began by giving scholarships to black South Africans. At that time, the apartheid regime was still in control. In the 1980s, he funded political dissidents in Eastern Europe, especially his home country of Hungary. During this period, Soros was not well-known in the United States outside of financial traders who respected his success as a hedge fund trader, and supporting dissidents in the Soviet-bloc was considered a positive use of his wealth.
In 1993, a few years after the downfall of the Berlin Wall and the collapse of the Soviet Union, Soros founded the Open Society Foundation (originally called the Open Society Institute). This is a sort of umbrella organization that supports many open society organizations and initiatives in many countries around the world, based on the vision of an open society as expressed by Karl Popper and advocated by George Soros. Since then, Soros has donated over $32 billion to various organizations working to advance his various goals for an open society. The OSF’s mission statement starts out by saying it’s for building “vibrant and tolerant societies.” They want all governments to be accountable and open to all people.
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George Soros an 86 years old businessman and philanthropist. He was born in Hungary. He was part of the survivors of the Nazi regime which was behind the killing of over 50,000 Jews. He left Hungary in 1947. His first destination after he left Hungary he moved to the U.K. He went to the London school of economics. He was working as part time porter and a night club waiter so that he could finance his education. He later in 1946 moved into the United States when he engaged in businesses of financial management. He joined the hedge fund sector. George Soros created his first hedge fund in 1970. He created Soros Fund Management. This firm have been the basis of his success in the financial sector as well as his philanthropic life.
The success that George Soros have made have been tremendous. He has managed to change the life of the people through the charities that he has been supporting. Although there are two sides to his life, the positive side of his life has been very successful. George Soros has managed to change the lives of the people in the world through various initiatives that he has made. He is the person who have been behind various successful charities in the world. He has helped many people in the country come up with strategies that are meant to ensure that every human being stays safe.
The killings that were orchestrated by Nazi regime have has a great impact in is life. Since witnessing the killings, he made a decision that he will never allow doctorial regimes to prosper. This has been the reason that he has been engaged in activities that re meant to protect the lives if the people. He is very passionate about human rights protection and has spent millions of dollars to ensure that the lives of the minorities in the society are protected. He has been very vocal in matters of human rights protection for long time. He has been providing funding to civil societies that are in turn highlight issues of human rights violations all over the world.
George Soros is the founder of the Open Society Foundation. This is the society that have been used to support all the initiatives that George Soros have been supporting. His foundation is the second largest in the country. It is the second after the Bill and Melinda Gates Foundation. Recently, he made the largest transfer of money to the foundation worth $18 billion.
George Soros have been very active in sponsoring political activities in the country. He was one of the people who have contributed the largest amount of money towards the political, campaigns of Hilary Clinton. His initiatives in the world has been particularly concenrned about installing governments that respect the rights of the people. He want to see democracy in the world prosper. He does not want to see regimes that discriminate and make it hard for the people to live peacefully. His concern is to see a stable world where the rule of law is respected.
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Agora Financial is among the leading publishing firms in the United States, which branched out from Agora Incorporation. It is a non-governmental organization established in 1979, with a critical purpose of producing financial journals that educate individuals on economic opportunities in the corporate world. Agora Financial publications have over one million subscribers across the universe, who have been positively influenced by the content of information provided in the periodicals. The company has been distributing its journals for free for the past three decades.
The publication firm ensures that its subscribers are fed with genuine and productive information, through conducting in-depth research on investment opportunities that poise to bring sufficient income shortly. Agora Financial earns an incredible reputation in the business world for being a company that uses over one million dollars yearly for transport expenses. Workers of the organization visit several continents to explore natural resources that can generate income through investment. The publishing firm has skilled and professional experts in the field of research, business, and publication. The employees comprise of geologists, bankers, scientific journalists, editors, researchers, filmmakers, authors and fund managers. Agora Financial is also made up of a billionaire, who offers economic commentary and analysis on publications produced by the firm.
Workers of Agora Financial conduct their routine services from the company’s headquarters in Baltimore. Entrepreneurs and investment corporations can identify better economic opportunities, which they later invest on. In the past years, Agora Financial predicted an increase in the value of gold, oil, regenerative medicine and personalized medicine. Investors who saw economic opportunities from the resources greatly benefitted since the products later emerged to have sufficient profits for various stakeholders. The company also predicted a mortgage crisis that then encountered the United States in 2008. Publications of Agora Financial include the Daily Reckoning, Outstanding Investments, and Capital & Crisis.
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