Hacker News new | ask | show | jobs
by jonknee 3637 days ago
This isn't a short sided article... George Soros is famous for "breaking the bank" in the early 1990s so there were tons of people curious as to where he was positioned on Friday. That's it. It doesn't matter if this turns out to be a disaster, neutral or a good thing for the UK. All that people wanted to know was if Soros hit the lottery twice.

http://www.investopedia.com/ask/answers/08/george-soros-bank...

1 comments

The thing is, we don't know how or even if Soros bet on Brexit. The article doesn't say. We know he was long the pound, but we don't know what the rest of his portfolio looked like. (If he was short European stocks or long gold, he might have done really well.)

It makes sense that people were curious about his pound position, given his history. But we haven't got the knowledge needed to compare his massive public outright pound bet to his pre-Brexit referendum positioning.