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George Soros Lost $1 Billion After Hillary’s Defeat

Thursday, January 12, 2017 13:41
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(Before It's News)

Things have not been turning out so well for Black Lives Matter bankroller George Soros. Break out the world’s smallest violin to play “My Heart Cries for You”:

Billionaire hedge-fund manager George Soros lost nearly $1 billion as a result of the stock-market rally spurred by Donald Trump’s surprise presidential election. …

Soros was cautious about the market going into November and became more bearish immediately after Mr. Trump’s election, according to people close to the matter. The stance proved a mistake—the stock market has rallied on expectations that Mr. Trump’s policies will boost corporate earnings and the overall economy.

On top of the $1 billion he lost by misplaying the market, he threw $20 million at Democrat candidates during the 2016 election cycle. It is doubtful that he will see much return on that investment.

worlds-smallest-violin
Just the right size to play a sad tune for Soros.

On tips from Dragon’s Lair and J.

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