George Soros’ Active Involvement in the Philanthropy World

George Soros has been recognized as one of the leading investors and entrepreneurs of his time. Besides his great trust in the power of the entrepreneurship in economies, he believes that all governments across the globe should be transparent and accountable. He has been struggling to end some of the worst problems that have been caused by irresponsible administrations, violation of people’s rights, and bad governance. According to him, the world is a place where everyone has to fight for survival and civilization can greatly assist in making it habitable. Soros has been taking part in various undertakings that are committed to uniting communities across the globe.

Soros was born in Hungary, and he had a tumultuous childhood. At that time, his family had to struggle with the impacts of the Second World War. They come from the Jewish community, and this made them a target of the Nazi Occupation, which was a deadly movement that was committed to eliminating Jews from Hungary. George was forced to procure false identities for his family so that they could not be killed. More than 500,000 Jews lost their lives during the Nazi Occupation. Read more at The New York Times about George.

In the late 1940s, George Soros moved to the United Kingdom to attend the London School of Economics (LSE). His ideologies were significantly shaped when he was at the institution since he was taught by Karl Popper, who is a renowned philosophy professor. Soros gained sufficient finance knowledge from the college, and this enabled him to develop a successful business empire that has generated billions of dollars. He has accumulated most of his wealth by taking part in the hedge fund industry and currency speculation.

Apart from his active participation in the finance industry, George Soros is a revered philanthropist. He created the Open Society Foundation about four decades ago, and he has been using the organization in impacting the lives of people across the globe. George is committed to supporting individuals who are oppressed or marginalized. He believes that the Open Society Foundation has been acting as a voice for the voiceless people across the world. The organization has been transforming the world into a better place by fighting different forms of injustices. Soros believes that transparency and justice in governments can be an excellent solution to most humanity problems. Learn more about his profile at forbes.com

George Soros has been supporting young people from marginalized communities to attend higher learning institutions. He started by paying for the education of many young South Africans who failed to attend good schools due to the oppression of the apartheid rule. Soros has been offering education grants and scholarships through his charity foundation. He is also recognized due to his strong political views in the United States and has been a donor to the Democratic Party.

Read more: http://www.cnbc.com/george-soros/

Warren Buffet Thinks Hedge Funds Are Ludicrous

Warren Buffet believes that a passive S&P 500 index-based fund is a better investment than a carefully managed hedge fund. He has a point. The market is saturated with expensive funds that deliver poor long-term results, but this doesn’t mean that all hedge funds are a bad investment.

Poor mutual fund performance is often attributable to unrestrained trading and exorbitant management fees. Passive index funds make it difficult for an investor to gauge volatility and opportunity costs. The difference between active and passive funds shouldn’t be an issue. After all, long-term results and low costs are all that truly matter.

Bull markets always make passive index funds seem like a good idea, but many don’t realize the dangers of a passive investment. Out of 1200 investors surveyed last year, only half of them understood how vulnerable these funds can be. Passive index funds are susceptible to the maximum level of losses and volatility during any downturned market.

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There are two key characteristics of a well-managed hedge fund. Successfully managed funds have low expenses and a high degree of manager ownership. When managers invest their own money, their funds tend to outperform market indexes. There is nothing strange about outperforming the market average. Successful investors are doing it every single day around the world.

Tim Armour has been Chairman of Capital Group since July 2015. Capital Group has become one of the world’s foremost investment management organizations. Capital Group was founded in 1931, and currently holds more than $1.39 trillion in assets.

Tim Armour has acquired more than 34 years of investment experience working for Capital Group. He began as an equity investment analyst covering global telecommunications and service companies. He was also a participant in the Capital Group Associates Program. He attended Middlebury College, where he completed a bachelor’s degree in economics.

Learn more about Timothy Armour:
https://www.ft.com/content/3642213e-308e-11e5-8873-775ba7c2ea3d