Wednesday, Aug 18, 2010
What was that about a Hindenburg wotsit?
Telegraph: George Soros slashes exposure to US equities
''George Soros has slashed the amount of money he is willing to gamble on the fortunes of the US stock market in the second quarter as market volatility increased. The legendary investor's Soros Fund Management – which has approximately $25bn (£16bn) under management – reduced its equity investments by 42pc to $5.1bn by the end of June, down from $8.8bn at the end of March.''
Posted by hpwatcher @ 10:15 AM (627 views) Add Comment
3 Comments
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1. Crunchy said...
Legendary investor, Soros?
LOL
Work as a team, work as a team! Thank goodness private investors are leaving the market in droves.
The 4 week WHIPLASH.
2. Stevie Dee said...
Saturn will shortly square pluto, the last time these two planets squared up, problems in Dubai blew up. Since then we've also seen saturn and jupiter in opposition, as well as saturn opposite uranus. I predict a major world event within 2 months. We will see a change, a revolution thereafter. The longer we hold onto old paradigm's the more damage will be done. At HPC, a remarkable forum, predicting a financial maelstrom before the authorities even came clean. Only to be thwarted on the forum's main topic, house prices where 3 years ago the global authorities intervened to subvert the inevitable correction in the housing market here in uk. So soros moving money, is no surprise out of stocks. But in truth what is billions of dollars there days, just a pyramid of paper, i.o.u's in a believe system that has passed its sell-by date in my opinion.
3. Bigelkhorn said...
When are people going to wake up and smell the peculated corruption.
obama keeps saying things are getting better, but the websites I visit for the [REAL DATA] you know the hard core true, and solid facts are saying we are in for a really rough trot. If we look back at the past and before the 1930 depression, the government saying things would be fine, and recovery was coming, soon after they said that the stockmarket collapsed 90% and the depression came. I think we are dealing with that again. Thank god for the truth bearers, as little as they are.
A good guy worth checking on youtube, he is great http://www.youtube.com/watch?v=gn6kS4l2yFM and predicted the last crash, and brings the truth.