Wednesday, September 18, 2013

My Top 2 George Soros Picks: Lions Gate Entertainment Corp. (NYSE: LGF) and LinkedIn Corp. (NYSE: LNKD)

For more than 40 years, George Soros delivered an average annual return of about 20% to the investors in his hedge fund. At that rate of return, a $10,000 investment when the fund was started in 1969 would have grown to more than $20 million when Soros closed the fund in 2011.
Soros did not provide day-to-day management for the fund throughout its entire history, but he was the driving force behind those gains.
He may be best known for his success in the currency markets. Soros is the trader who broke the Bank of England and enjoyed a $1 billion profit in a single day. But Soros started his career as a stock market analyst and demonstrated his extraordinary talent for investing in his 1987 book The Alchemy of Finance. His stock selection was responsible for most of the returns in his hedge fund. His fund more than doubled in about a year while he was documenting his thoughts about the markets. (more)

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