God is a Capitalist

Showing posts with label Warren Buffett. Show all posts
Showing posts with label Warren Buffett. Show all posts

Thursday, April 7, 2016

Will we never see another Soros or Buffett?

The Global Guru wrote recently that investing has changed so much over the past two decades that we will never see investors like Buffett and Soros who could earn 30% returns for 30 years.

Nicholas Vardy wrote, “George Soros’ investment track record made him the equivalent of a .400 hitter in baseball.” But then his luck changed:

Soros quietly left the hedge fund scene in 2011, turning his fund into a family office. But his last few years in the game were hardly like his first. Indeed, 2010 was Soros’ worst year since 2002, with his flagship fund up a mere 2.63%. The following year was even worse, with his famed Quantum fund reportedly down 15%.