George Soros: Redefining Democracy and Governance

 

 

The George Soros name and brand dominates both business and social circles the world. The man is vocal on topics of governance, freedom and human rights. He took up activism and social action having to hang his boots on an illustrious entrepreneurship career.

 

George believes in service to the people and most of his lectures anchor democracy. According to Soros, it means the partnership between the ruling elite and the citizens in problem solving and development. In a democracy, the people, their interests, freedoms, and rights take center stage.

 

Democracy as we know it operates on the rule of law as well as responsibility and accountability. The majority of the population have their way while the minority have their say. George Soros’ application of democracy in the international system features the contribution of all nations to solving common problems. For his massive contribution to the international community, he has been awarded and honored on many occasions. These awards include an honorary degree from Oxford University.

 

In Soros’ world, corrupt governments and the injustices they propagate around the world must be condemned. For instance, he recently offered long-term solutions to solve the Syrian refugee crisis and the Russian-Ukraine standoff. In his assessment, the union has lost past glory and functionality. The current humanitarian crisis sees an influx of Syrian asylum seekers into a hostile region. The European Union members have lacked a common strategy to solve the crisis that has led to the worsening of the situation.

 

In other resource-rich parts of the world, Soros indicates the tendency by warlords and unscrupulous business people to cause chaos, war, and conflict. The resulting terror sees locals flee, and the mongers of the conflict take advantage of the anarchy for profit. George Soros retired from financial investments and administration two decades ago.

 

George Soros has been described as a great thinker. Growing up in conflict and war, Soros and his peers had a rough childhood. In school, George Soros, and age mates received the best education. The system wanted to create thinkers and problem solvers, and, therefore, high quality education was offered. His career path led him to the hedge fund administration sector becoming a prominent entrepreneur in London and New York.

 

George’s style of investing charmed his associates and clients. He could anticipate monetary patterns and trade with securities and coinage in respective money markets. Despite the unpredictability of financial markets, he achieved his success through comprehension of the basic investment practices of the population.

 

George went into retirement a billionaire. His partners and clients also made huge profits in their time dealing with Soros. Since then, the Soros hedge fund has rebranded to the Quantum Fund. George’s resources are dedicated to philanthropy. He supports the establishment of democracies through the Open Society Foundations all over the world. The societies have massive influence in over 100 nations globally.

 

The lifetime works of George Soros make him an influential man on many platforms. The philosophical ideas he has taught us will inspire generations to come.

Kyle Bass is a Cold Investor

Kyle Bass is an American investor hailing from Miami, Florida, that founded Hayman Capital Management in 2006, which is a hedge fund. Hedge funds are when many investors all pitch in money to be placed in the same portfolio. Kyle Bass became the hot topic on many major business news networks in 2008 because he correctly predicted the worldwide financial crisis of 2008, which was a result of some extremely large banks experiencing defaults on their loans. Bass effectively bet against the prosperity of the United States’ economy by backing up his investments with credit default swaps. Put simply, credit default swaps earn money when the economy goes bad. He bet that people – those with subprime credit scores – would start to default on their loans. Bass was right.

After the 2008 financial crisis, everything has been downhill for Kyle Bass. Between the years of 2010 and 2014, Bass incorrectly predicted Japan’s economy to crash, every year. For five years straight, Bass bet against Japan, and he was wrong. Bass has also bet against other countries’ economies failing, and he has lost money from those investing endeavors as well.

When Kyle Bass was on these major news networks, he made many predictions and gave advice to all the viewers at home. Anybody that followed those predictions and tidbits of advice (what a pathetic excuse for proper advice) lost money in their investments the majority of the time. Kyle Bass was “on fire” in 2008, but in every single year since then, he has failed to replicate what he did in 2008, let alone even earn money. Well, Bass has earned a little money, but not since the year 2014. Great job, Bass.

Kyle Bass has made many terrible career choices, including backing General Motors’ massive recall of vehicles due to faulty tires. When asked what he thought about what happened with General Motors, which happens to be a company he invests a lot of the money he earned in 2008 in, he claimed that the people that drove the cars – the consumers, not the producers – were at fault for the faulty tires. Where is the logic in such a statement?

Ever since 2008, UsefulStooges has shown that karma has caught back up with Kyle Bass. It was a terrible thing to do to bet against the economy crashing, and karma has come to bite him in the bottom, fortunately.

Bass is also known to short-sell stocks; that is, being allowed to sell a company’s stocks, then selling them for less than they are worth, which results in a loss for the company. Kyle Bass did just this to a pharmaceutical company, then sued the pharma company, and won.. Bass is a nasty sleaze ball when it comes to his business ethics, and, fortunately, karma has caught back up with Kyle Bass.