how much did they buy? edit: $2 billion http://www.cnbc.com/id/45610428 But they control, what $20 billion? So 10%? Not bad, but nothing like what Soros was doing in his swashbuckling days !
The hardest thing is not trading until you have an edge. The second hardest thing is taking all signals, regardless of bad streaks, after you found an edge. The third hardest thing is realizing before you give all profits back, that your edge no longer works. The fourth one is finding a new one
really. bloomberg mentions soros a lot as if he is still trading. i guess bloomberg is wrong. what a crappy news service. i think i will get financial news from my local newspaper. better.
How would we actually know what a guy like Soros is doing? I believe he filed a Form 4 on Hrbal Life a few weeks back.
I had to learn this: don't buy when everybody buy and don't sell when everybody sell.. really hard to learn
What I had to learn was to be patient. I am the kind of guy that normally needs to see quick results otherwise I either get bored or question myself and think that I did something wrong. So pursuing a way that was very rocky at the beginning but keeping going was a really hard task for me. Now however, I see things much more relaxed and am confident in what I am doing.