Soros Fund Management, which Soros founded and chairs, exited social-network giant Facebook (FB) completely in the third quarter, while also slashing positions in Netflix stock (NFLX) and Goldman Sachs Group stock (GS). Those three stocks have tumbled in the fourth quarter so far, with Facebook and Goldman setting new lows Tuesday. They are down almost 20% and 15%, respectively, so far this quarter. Highflying streaming-content giant Netflix has tumbled almost 29% since the end of September.
Soros saved a chunk of cash by selling: Barron’s estimates that, had he maintained positions in those stocks, he would have unrealized losses of about $17.7 million so far in the fourth quarter.
Soros Fund Management revealed the investment changes in a filing to the Securities and Exchange Commission last week. The firm declined to comment on its trades. The fact that Soros Fund Management sold its entire Facebook position doesn’t necessarily mean Soros isn’t still invested in the company through personal holdings or other means, or that his fund hasn’t bought any Facebook stock since the start of the fourth quarter.
Die already you Nazi cunt!
Soon hopefully Mr. Data/Fuckerberg commits “suicide” soon.
Gee only the longest running Bull market un US history – ya think there might be a pull back at some point.
He knew something…
A big shark will never be punished. Sharks are seldom kill each other.
If it looks like a duck, walks like a duck, and quacks like a duck, it’s insider trading.
Government inside information which politicians are privy to.
Crooked old Nazi prick
Insider trading no doubt
If ever there was a human being that needed killing off It would be a tossup between Soros Hildabeast and Turdo
A trifecta would be perfect
Considering the number of shares he owns, his notoriety and the fact a lot of other traders would follow his lead he undoubtably started the fall in price. If a whale pulls out of a stock a lot of other people will follow suit.
If Trump did this, you’d say he was smart.
We are all aware of your little hard on for Trump
Try to stick to the program
This article has nothing to do with him
Look knucklehead – we have just realized the longest Bull market in US history. The S&P is up 320% since 2009. It doesn’t take a fucking genius to understand that bulls don’t run forever. He didn’t get rich by being a fk head like you. He got rich by taking money off the table in a timely fashion.
Your insults mean nothing to me Melvin
It only shows your lack of intelligence
So quit trying to look smart
Sorry if you took this as an insult – I was merely stating facts.
That, and stealing Joo gold from teeth.
Hmmmmmmmmmmmm ………. smart man ? …..or inside info ?
There is a reason some of these guys do well on the market ?
BUT ……….. what did he do about his SOYBEANs ??
Whaaaaaaaaaaaaaaaaa?????????? …….SOYBEANS ??? ………. Well now friends , for every action there is a reaction . The smartest man ( he knows ) tried to bully China ( are you listening Abyss ? ) — imposing tariffs on them ……….. for that action he earned their reaction of tariffs on American goods . Tit for tat . …………… and now ………………….????
.
U.S. farmers are reportedly letting their crops rot as storage costs rise amid the escalating trade war with China, according to Reuters.
The farmers say they are unable to sell their grain to China due to Beijing’s 25 percent tariff on U.S. soybeans. That punitive measure came in retaliation for duties imposed by Washington. It is now too costly to store the grain in elevators, or silos that store grain, Reuters reported.
U.S. farmers planted 89.1 million acres of soybeans this year before China, one of the country’s top soybean consumers, imposed the steep tariff, according to Reuters.
https://thehill.com/policy/finance/417803-us-farmers-letting-crops-rot-as-storage-costs-rise-due-to-china-trade-war
Who is really the smartest guy around – who can grab the most Pooossies ?
.
The crooked prick likely shorted the stocks with some non discript companies that are untraceable to him and then dumped the stocks to create the downturn. He’s ruined many a company or country with his bullshit antics. Noble he is not.
Why is he still alive ???
That is a dam good question
He has a lot of good, overly well paid bodyguards from Erinyes and it would take a full regiment of crack troops to kill him.
he can still be “found”…
Anybody can be found. You can be found. The difference between being found and being dead or successfully kidnapped is a vast one. Erinyes happens to be one of the best elite security agencies/private armies in the world. They’ve actually been pulled from operations in Syria and Afghanistan as they’ve been much too good at what they do.
Drinks the blood of 4 fresh infants a day.
No, he wouldn’t do that. Only the Iranian Revolutionary Guard do that.