George Soros Part Three: Breaking The Bank of England

George Soros is one of the most successful hedge fund managers ever. While at the helm of the Quantum Fund (founded by Soros and Jim Rogers in the 70s), he generated an average annual return for investors of 30%.

Across this ten-part series, I’m taking a look at Soros’ life, trading career, and political involvements.  In the first two parts of this series, which can be found at the links below, I covered the beginnings of Soros’ Quantum Fund and Soros’ trade against the Bank of Thailand. This part covers possibly Soros’ most famous trade against the British pound in 1992. Not only did the trade net the Quantum Fund’s investors over $7 billion in profit it also earned Soros the...