Most people who ultimately reach the rarefied levels of the billionaire class have always known that they wanted to dedicate their lives to the pursuit of wealth acquisition. Many people who know the great investor Warren Buffett say that when he was still a young man in high school, he would often remark that he would someday be extremely wealthy. That sort of story is not uncommon among those who have become fantastically rich. Even John Rockefeller was known for telling people at a very young age he would someday be fantastically wealthy and more information click here.
However, there are few people who reached the billionaire class almost despite themselves. George Soros is one of those people. For those who know him, George Soros is somebody who has never even slightly concerned himself with money or the acquisition of wealth. In fact, people who know him well say that George Soros wanted to only raise enough money so that he could retire and live a somewhat comfortable life while pursuing the study of philosophy.
Throughout the majority of his early life, academic work and the study of philosophy was the all-consuming goal of Soros’ existence. After studying at the London School of Economics under the famed philosophy professor Karl Popper, Soros had decided, once and for all, that he wanted to dedicate his life to the study of philosophy and the elaboration of new philosophical ideas. This intense desire to know as much as possible about the ways in which people come across knowledge and the ways in which that knowledge can be used to better society was partially a product of Soros living through a dark time in European history and Twitter.com.
Throughout the reign of terror that Nazi Germany imposed upon Hungary, Soros’ native land, many of Soros’ closest relatives were killed by the Nazi war machine and learn more about George.
Despite all this, Soros ended up working on Wall Street through a series of serendipitous events. It was working as a trader for a variety of firms where Soros first begin to elaborate his own philosophies on the workings of markets. Approaching real world capitalism from the viewpoint of an academic philosopher made Soros a highly unique sight among the business majors that traditionally populated in the Wall Street investment banks.
Eventually, Soros developed a robust theory on the inner workings of financial markets. He called this reflexivity. It stood athwart the reigning orthodoxy of the day, the efficient market hypothesis, which stated that markets were capable of taking all available information into account and making completely rational assessment of the value of assets. Soros had no use for such fantastic constructions and contact him.
Over the course of the next 45 years, Soros would prove the professional economists wrong to an extent that few ever have. He racked up 25 per cent per annum returns in the markets and now is the 19th richest person in the world and http://www.discoverthenetworks.org/individualProfile.asp?indid=977.