George Soros Embraces Role as Progressive Leader and Icon

Investment Guru, Philanthropy

What does it mean to stand up for what you believe in? What does it mean to have principles that last a life time? George Soros, founder of the Soros Hedge Fund and Open Society Foundations, has lived those two questions out via his actions over the past 60+ years. George Soros is a prominent billionaire who has a life story as interesting as anything you’ll ever read. If you haven’t heard of him much before be prepared to get familiar with his name. The 2016 presidential election, as wild as it was, brought George Soros out of his semi-retirement. From the ashes of the weirdest year in politics rises one of the most important voices in the progressive party.George Soros and Donald Trump stand at two polar opposite ends of the human spectrum. George Soros is a self made billionaire who has spent his entire life trying to empower people to pursue democratic ideals that consist of social justice, inclusive behavior, the arts, transparent government and so on.

Donald Trump inherited generational wealth and is as well known for getting sued as he is for his work as a reality TV star.Somehow these two men stand across from one another on the highest stage in the world of politics. Donald Trump is, obviously, the face of the Republican party while George Soros is back to be the voice and engine for progressive values.Soros works closely with his adviser Michael Vachon in order to deliberate their next moves. When Soros and Vachon saw what was going on during the 2016 election they were both just appalled with what they saw. Vachon notes the level of hostility between the two major parties was just something that he had never seen before. Vachon says, “This year the political stakes are exceptionally high.”

Those stakes grew even higher when Trump gained serious mobility as the nominee thanks to his brutal rhetoric, divisive comments, and off the cuff boorishness that somehow rang true with today’s GOP. At the end of the day what spurred Soros’s political action was the fact that he stands opposite of Trump on major issues: criminal reform, religious tolerance and immigration.George Soros has become a boogeyman to conservatives because he is one of the few billionaires willing to put his money down to see his ideal candidates get enough support to make a run at office. During the election this past year Soros donated over $25 million to progressive PACs including Hillary Clinton’s own political action committees. While Hillary ultimately fell short during the election season, albeit not without potential Russian collusion, Soros’ investment was well worth it — the progressive party is back and ready to fight for what is right.

Trump Critic George Soros Continues His Quest for a Fair and Democratic Society

Campaign Financier, Investment Guru, Philanthropy

Across the world the Open Society Foundations have been making a major impact on the world in its bid to fund a network of charitable organizations dedicated to supporting the protection and advancement of human rights and democracy. The founder of the Open Society Foundations is George Soros, a former refugee who is now an octogenarian, but remains dedicated to fighting the right wing of politics he fears has begun once again making ground during elections; George Soros was himself stranded beneath the totalitarian regimes of the Nazi’s and Soviet leader Joseph Stalin during his teenage years in his home nation of Hungary now hopes to halt the inequality he sees as occurring across the planet. George Soros established the Open Society Foundations.

Not only does George Soros take the fight to dictators through his Open Society Networks, but also seeks to use some of his estimated $25 billion fortune to elections across the planet, according to Forbes. In the U.S. alone Soros’ total donations during the 2004 and 2016 towards Democratic Presidential candidates have reached more than $50 million, which does not include a series of donations made to the campaigns of President Barrack Obama during the 2008 and 2012 election seasons. Soros believes he has the ability to influence elections for the better by identifying the candidates that share some of the same political beliefs he has developed over the course of his life; Politico reports the Hungarian born U.S. citizen has recently been making an impact on the elections within the U.S. by making sure all eligible voters have the ability to express their opinion during free and democratic elections.

Read more: http://www.forbes.com/profile/george-soros/

During the 2016 election season much was made by major news organizations of the fact George Soros had pledged to support former Secretary of State Hillary Clinton with financial donations reaching more than $25 million. Soros did not limit himself to simply backing the candidate who back his own political ideology, but also made the decision to pledge millions of dollars in support for groups and Super PAC’s protecting voting rights for members of minority groups he felt would be negatively affected by changes in laws across many states in the U.S. Many of the donations provided by George Soros were given to voter rights groups like the $2 million provided for the America Votes group that works at a national level, but a further $1 million was spread around different voting rights groups working at state level within regions affected by restrictive laws regarding voting. Politico also explains the political donations of George Soros were also made in a bid to enhance the campaigns of Democratic candidates across the U.S. with $1.5 million given to the Senate Majority PAC among other groups seeking to help Democrat’s win state level elections.

Learn more about George at Biography.com.

Portfolio Analyst Criticizes Buffet’s Stance On Hedge Funds

Investment Guru

In a piece published on CNBC’s website, Timothy Armour took Warren Buffet to task for wagering a million dollars that he could outperform a crew of hedge fund managers by simply putting his money in the S&P 500. Tim Armour agrees with the general idea that Buffet was trying to express. There are indeed, in Armour’s view, too many low-quality funds that simply to do not make a good investment.

On one hand, Armour praises Buffet for his love of the fundamentals and his bottom-up approach to investing. On the other hand, he argues that the distaste expressed by Buffet and others for active investing and support for passive investing is not constructive or helpful for less-experienced investors. Armour points out that while indexes are an important part of a balanced portfolio, they are no protection against economic downturns.

According to Tim Armour, one of the best things that investors can do to maximize their returns is to outperform the crowd when the markets are down. The problem is that index investors are too exposed to these successive waves of bull and bear markets. He believes the solution is for investors to choose better funds instead of limiting themselves to index investing out of a false sense of security.

Tim Armour has been Chairman of the Capital Group Management Committee since 2015. Prior to being elected chairman by the committee, he was a portfolio analyst and equity investment analyst for the group. He joined the group after graduating from Middlebury College with an undergraduate degree in Economics.

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