Is George Soros Still Good At Picking Stocks At The Age of 90?
Age doesn’t matter when it comes to investing in stock markets. Legendary investor and hedge fund manager George Soros is now 90 years old, but his stock holdings are still outperforming the market at a hefty rate. Soros Fund Management’s top 10 13F stock positions generated an average return of 22.7% since the end of September and outperformed SPY’s return of 13.6% during the same period. Its top ten stock holdings account for close to 50% of Soros Fund Management’s overall 13F portfolio.
The man who broke the Bank of England in 1992 announced retirement from managing investors’ money in 2011. He, however, continues to invest in publicly traded stocks through Soros Fund Management, which he turned into a family office fund.
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