From Investor To Crusader: A Profile Of George Soros

Though self-made billionaire George Soros is an investor, philanthropist, and author, he may be most famously known as “The Man Who Broke the Bank of England” after a trade he made (based on a single currency speculation) generated a profit of over $1 billion in September of 1992. But before he became one of the current thirty wealthiest men alive (with a net worth of $24.5 billion), he had a humble beginning in Hungary.
George Soros was born on August 12, 1930 in Budapest and his family survived the Nazi occupation of World War II, but fled to England in 1947. While there, Soros was employed as a waiter and a rail porter until he earned his Bachelor of Science degree in Philosophy (and later his PhD) from the London School of Economics in 1951. After, he began working an entry-level position at an investment bank until he immigrated to the United States in the mid-‘50s and began his career as an analyst and investment manager.
At eighty-five years of age, he has held positions at the New York firms of F.M. Mayer, Wertheim & Co, and Arnhold & S. Bleichroeder, but has gained most of his success on his own. In 1973, he founded the hedge fund company Soros Fund Management, which eventually evolved into Quantum Fund. It proved to be a wildly successfully endeavor, receiving consistent returns of 30% per year.
However, in the late 1980’s, Soros moved on to philanthropy with the wealth he had accumulated through hedge funds. Namely, he began the Open Society Foundation, the only private charity of its kind that connected foundations and partners with projects in more than 100 countries. The goal of Open Society Foundation was to create and foster a world where rights were respected, the people in government were held accountable for their actions, and monopolies were eliminated. Through Open Society Foundation, Soros has awarded scholarships to black South Africans under apartheid, helped undermine Communism in the Eastern Bloc, provided lawyers to represent thousands of individuals who were unlawfully being held in prisons without legal representation, provided school and university fees to thousands of students, and supported independent organizations such as Global Witness, the International Crisis Group, and the Institute for New Economic Thinking, among other things. In addition, he has written several books, including The Tragedy of the European Union in 2014.
Soros once said “My success in the financial markets has given me a greater degree of independence than most other people. This allows me to take a stand on controversial issues: In fact, it obliges me to do so because others cannot.” And he does. When once asked how he would like to be described, he replied ‘financial, philanthropic and philosophical speculator.’ Through his years of success and his journey to becoming one of history’s richest investors, George Soros deserves, and exemplifies, the title because of the way he lives his life and the pride he takes in helping others.

US Money Reserve Gives Back To Central Texas Community

The holidays are upon us. This year, encourage the spirit of giving amongst friends and family by donating to a local charity. For those in the Central Texas area, one such organization needs your help. The Capital Area Food Bank is providing extra hunger relief with the assistance of donors and generous partner agencies located across Central Texas. In 2014, 31 million pounds of food was distributed to families in need. In 2015, they aim to break this record.

Since its humble beginning in 1982, the Capital Area Food Bank of Texas has endeavored to assist families and individuals in need. The Central Texas community has grown over the years and many affected by a flailing economy have had to face challenges to basic survival. It is those who struggle in this way who depend upon food pantries for basic provisions. Capital Area Food Bank of Texas provides these services that benefit the residents of Central Texas. Among them are direct food delivery.

By bringing food directly to the disadvantaged in the community, basic food staples are made available to those who are without transportation or handicapped. Such foods as fruit, vegetables, and other pantry basics are provided this way every year, reducing the number of people who go hungry. The Food Bank does not underestimate the value of donations for services like these. Nutritious food that is perfectly safe for eating would have otherwise been thrown out, and was available through the cooperation of grocery store chains, farms and other businesses. Businesses like The U.S. Money reserve is making this fundraiser possible this year.

The U.S. Money Reserve was founded by gold market experts who saw a need to merge the best minds in the industry with top of the line customer service. This type of dependable advice is needed for smart and consistent heavy metals purchasing practices. Over the years The U.S. Money Reserve has become the nation’s largest providers of U.S. Government issued precious metal coins. Whether gold, silver, or platinum, they aim to have the best in stock. They are customer oriented in every aspect of the business, so clients can count on this organization to know what investments are needed.

In addition to great customer service the product quality of their precious metals in among the most exceptional in the industry. They have gone on record as providing the most extraordinary U.S. Government Issued precious metals products that are available on the market. It is for this reason that the the majority of those individuals are prosperous today. By collaborating with the Capital Area Food Bank of Texas, The U.S. Money Reserve hopes to encourage others to spread the wealth around, showing charity and prosperity has a generous side this holiday season.

Source: Crowdrise

The Politically-Charged World Of Billionaire George Soros

Born in 1930 in Budapest, Hungary, George Soros rose from humble beginnings that saw him leave his native country to attend the London School of Economics before graduating there in 1952. Within four years, he migrated to New York, where he then worked for three investment firms over a 17-year period: F.M. Mayer, Wertheim & Co. and Arnhold & S. Bleichroeder.

Success in those positions led him to create Soros Fund Management in 1973. There, his firm established a reputation for making risky investments that paid off well enough to offer yearly returns of over 30 percent. In two of those years, the investments resulted in a doubling of an investment within a single year.

A Philanthropic Focus

Eventually evolving into the Quantum Fund, the firm allowed Soros to become a billionaire. Beginning in the late 1970’s, he began to focus much of his energies in the world of philanthropy, with South African students living under apartheid receiving scholarships and Iron Curtain residents being provided literature that had been banned.

However, it wasn’t until the 1993 creation of his Open Society Foundation that Soros provided a central focus to his philanthropic interests. The organization’s main focus was to try and build democracies across the world, while also establishing basic human rights, with the amount of money spent over the past two decades estimated at $11 billion.

Controversial Financial Trading

Despite this focus on areas outside of the business community, Soros still displayed a knack for being able to use his knowledge of the world to make lucrative investments. Two that brought him the most recognition were in 1992, when he traded against the British pound, and in 1997, when he traded against the Thai baht. In the latter case, he was blamed by some for starting a financial crisis in Asia.

American Politics

Soros has also carved out an important role when it comes to funding political issues within the United States. After first taking an active role during the 2004 Presidential campaign, he has since donated millions to Democratic candidates, and his name is often invoked to counter criticism of Republican candidates who receive political funding from fellow billionaires David and Charles Koch.

In addition to political parties, Soros has also donated millions to campaigns related to litigation over contentious issues such as voting rights. These conflicts have taken place as a result of Republican-dominated state legislatures passing laws that seek to stop what they claim is rampant voter fraud. In contrast, Democrats claim that the actions are simply an attempt to block likely Democratic voters from casting their ballots.

The Crisis in Syria

More recently, Soros has focused his attention on the Syrian refugee crisis, urging the European Union to properly fund an agency that would humanely deal with the often-desperate migrants fleeing the chaos. This agency would find a way to connect the migrants with groups and organizations that can help them on a local level.

Madison Street Capital, A Firm With Integrity.

Investment Banking plays an important role in many aspects of the economy. And because of this role, there are many institutions that aim to set themselves apart from the gaggle of firms that saturate the field. In a segment on Today in America with Terry Bradshaw, Madison Street Capital was highlighted as an investment firm that is for its clients. The CEO of MSC, Charles Botchway stressed that, “integrity is key in this business, which is why we (MSC) go above and beyond any required legal disclosures to make sure our clients fully understand the nature of our relationship, what we do, how we do it, we make sure of that.”

The segment goes on to talk about how the financial advisors of Madison Street Capital find it tremendously important to educate themselves on every aspect of their field in order to supply their clients with as much information as possible. This includes thoroughly learning about their client’s company in order to ensure that they are providing the best information for that possible for them.

Barry Petersen, a Senior Managing Director at MSC explains briefly why the company is so valuable and able to stand out. “Where we’re extremely valuable is from the perspective of understanding the business from the outside in. From the perspective that capital market participants or strategic partners will be using to value that business. That’s where we get the optimal results for the clients, that’s where we’re extremely valuable.”

Madison Street Capital was founded in Chicago by Charles Botchway. Starting from a 3 person company, MSC has grown into a company of 150 employees with two international offices in Accra, Ghana and Haryana India. The firm specializes merger and acquisitions, restructuring, tax compliance, corporate governance and much more.

An investment firm that tells its clients what they need to hear and not what they want to hear. Madison Street Capital has made it their goal to help their clients reach their goals. Senior Managing Director, Karl D’Cunha stresses this during the Today in America segment. And when you look at the company’s mission statement, helping their clients to the best of their ability and maintaining the integrity of the company is key. And in today’s financial market, these are some of the best qualities in a company that one desires needs.

Becoming A Business Leader

Anybody will tell you that the people in Chicago are becoming leaders in the world of marketing and technology. The business world is vastly becoming the next source for attaining massive growth since Chicago is becoming a great spot for building a new business. There are numerous leaders in this area that is literally changing the way people are handle in businesses and markets. Becoming a business leader is all about following in the footsteps of those who know and understand what they are doing. If you want to get a jump start in this industry, there are several things to learn about.

– Being Familiar With Business Growth

There are several things you ended to be aware of in your business. You must be very familiar with what you are capable of doing. Learn to understand the business, what industry it is that you want to be in, along with what kind of market you want to hit next.

– Mentorship

Mentorship plays a huge role on succeeding. To become a leader, you must really learn from a leader. Learning from somebody like Majeed Ekbal can be your next best bet for attaining true success and learn from somebody that knows what he is understanding. As a marketing and business leader in multiple markets, he knows how to help anybody know what to do and get them started in the right direction.

– Finding A Solution To A Problem

When building a business or creating a business, the thing you need the most is a solution to your problem. You need to know what kind of problem needs a solution, and with this technique, you will surely achieve massive success and help others while still making massive amounts of money. Just being aware of such solutions and sharing them can make you a leader in your market.

Majeed Ekbal is the Executive Vice President of the Health Care Service Corporation. He is a huge success in the Chicago area because of his numerous successes, changes in business, and how he conducts his leadership in the industry of business and marketing. Being a mentor and having helped many people over the years, people use him as an example of an experienced marketer.

When it comes down to becoming a business leader, your goal should be to learn from the most experienced people who have achieved success before. Business leaders also possess very specific traits that all come together to help you achieve the success you want the most. The few traits you need to develop first a end foremost are simply patience, hard work, ability to continue, and also a strong work ethic. Teamwork as well plays a huge role on your success.