Soros Loses $1 Billion Betting Against Trump, Former Partner Druckenmiller Bets With Trump, Wins

Perhaps the biggest mistake investors make is emotional attachment seeping into their analysis. This can happen to average investors as well as the world’s most accomplished. Just ask George Soros. As The Wall Street Journal first reported, one of the only hedge fund managers to ever go toe-to-toe with a central bank and come out alive lost nearly $1 billion recently betting against President-elect Donald Trump. The amount he lost on Trump was nearly equal to the amount he made on the trade of his life, a $1 billion win in 1992 “Breaking the bank of England.”