Sunday, January 4, 2009

Soros Down Less than 5% in 2008

After a monstrous 31% return in 2007, George Soros - our favorite speculator and clearly one of the greatest ever - shows he can still put in a good show.

The Financial Times, shows him down just under 5% in 2008, which is excellent. Most had left the Old Man for dead, but his 2007 and 2008 show that the Master still has some skills to teach.

Nicely done.

http://funds.ft.com/funds/quantum/Group/QMQMN/perf

Citadel's Global Select for comparison was down 40% in 2008 per the FT. Previous numbers not gloroius either.

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