cashbackforexpipcalculator Profile Name: George Soros Profile Birth Year: 1930 Orig forexcashbackprofitcalculator: Budapest, Hungary Quantum Fund Position: Chairman Graduation Institution: London School of Economics George Soros was born in 1930 in Budapest, Hungary In 1947 he moved to Engl cashback forex profit calculator and graduated from the London School of Economics In 1956 he went to the United States, where through h cashbackforexprofitcalculator establishment and In 1979 Soros established his first foundation in New York, the Open Society Foundations. In 1984 he established the first Eastern European Foundation in Hungary, and in 1987 he established the Soros Foundation for the Soviet Union. These foundations work to build and maintain the infrastructure and public facilities of open societies. Soros has also established other more important institutions such as the Central European University and the International Science Foundation. In 1995, the University of Bologna (Italy) bestowed its highest honor, the Laurea Honoris Causa, on Mr. Soros for his efforts to promote open societies around the world. Soros is the Chairman of the Board of Directors of the LCC Soros Fund, which is recognized by the Private Investment Authority as an advisor to the Quantum Fund Group. The economic philosophy espoused by Soros is characterized by A: Instability Economic theory creates an ideal world in which participants preferences and opportunity costs are independent of each other and prices are driven by these two factors to reach a certain equilibrium But in the real world, financial market prices also play an important role in shaping participants preferences and opportunity costs This instinctive interaction Laissez-faire denies cashback forex financial markets are inherently unstable and opposes any form of government intervention Instability goes far beyond financial markets and affects the values that guide peoples behavior Before the birth of economic theory, people were induced by a set of moral codes of conduct that were rooted in tradition, religion and culture but Market values, which bring conflict and confrontation, have the potential to override traditional views of price advertising, marketing, and even packaging will influence peoples preferences is now commonplace as market mechanisms continue to expand their influence and the myth that people will still act on their old value systems will become increasingly difficult to maintain Open societies are negatively affected by the lack of foundational values, and as mobility and the globalization of our open societies increase Further deterioration When people are formally rooted in their societies, they must be mindful of how society views them; but when they can easily move away, they are only concerned with their own cultures, religions and customs globally with so many differences that it becomes quite difficult to establish a common ground Laissez-faire philosophy, inheriting self-interested behavior-oriented principles, ignores the market tendencies prevalent in I can agree that all attempts at redistribution of wealth are not entirely efficient, but do not think that any attempt is made to concentrate wealth through its own mechanisms, and how without some mechanism for redistribution, inequality will become intolerable. The idea of matching the concentration of wealth with the survival of the fittest denies the fact that wealth is acquired through inheritance. Survival of the fittest, as an action-oriented principle of modern civilized society, is wrong in some respects, being based on an outdated theory of evolution, just as the equilibrium theory of economics is based on Newtonian physics. C: International Relations In international relations, liberalism also sees survival of the fittest as a most appropriate guiding principle and opposes government intervention in economic activities in international cooperation. The liberal view is consistent with other pseudoscientific, geopolitical sciences that assert that states have no principles, only interests, and that such interests are determined by the basis (e.g., geographic location) This fatalism is a remnant of nineteenth-century scientific law D: Fearful Obstacles to Open Society Open society is based on the idea that our understanding of the world is incomplete, and that this incompleteness can be improved in Open society, where the prospects for progress in science and technology, improvements in social and political arrangements, and improvements in culture and quality of life are unlimited, there are great obstacles to the establishment of an open society as an organizing principle First, the concept of an open society is ostensibly self-contradictory; how can we regard a fallacy as a truth if the ultimate truth has unobtainability? If we have complete information, beliefs become unnecessary. Beliefs should serve our lives, not force us to conform to a set of rules, and if we recognize that beliefs, rather than ultimate truths, only suppress our choices, we are more likely to tolerate other beliefs and modify them in our experience. Most people are inclined to confirm their beliefs as ultimate truths, but in fact such confirmation usually serves their own judgment, and beliefs derived from our own failures pale in comparison to pure theories, such as the rightness or wrongness of my country (or family or my own interests). In fact, open societies may lead to more prosperity, more innovation, and more excitement than closed societies, but success is not the basis for building a belief, because success cannot be considered necessarily right or wrong. It is a great danger to judge right and wrong by first achieving success, especially when money prevails, and even more so when it is lost, everything is gone. This means that in an open society people will consider their own beliefs as well as those of others, and that what is taken out of an open society only exists in a closed society. is indirect, which is what my foundation is doing: encouraging the development of education, culture and multimedia, civil society, economic reform, etc., which are not universally available in open societies, where conflicting views and interests collide with unprepared outcomes rather than carefully designed outputs, and where societies would likely become more open if the most general conventions were given to allow people with conflicting views and interests to Such conflicting views and interests will produce an open society only if the most general conventions are given to allow people with conflicting views and interests to coexist in the same environment, and such conventions are fixed in mature democratic political systems, but they are underdeveloped and inadequate in our global open society. In the main areas of activity of my foundation, I can detect a tendency toward closure as conflicts escalate, the European Union will turn to seclusion, and the United States will become independent and unsupported. I believe in the concept of an open society, which needs to be carefully nurtured to make it work, to provide a better orientation for action, and if we agree with that, I believe that the focus is on being prepared to face the difficulties, and if we have theories that disagree with this course of action, but we should not stand by while the free world disintegrates like the communist world. Todays Focus article says: One man has succeeded with his own money against an entire country and its currency: 66-year-old billionaire George Soros. How does a man like this get ready to take on a currency like the baht? How does he make billions in profits from the baht? He needs patience, a lot of money (Soros can manipulate a 15 billion mark fund) and an economic crisis (like the one in Thailand now). Frankfurter Allgemeine Zeitung of June 27 wrote: Big speculators like Soros do not exclude the possibility of devaluing the baht by 20 or more percentage points… this is a death sentence for the baht. Soros now waits for the Thai baht to fall to its lowest point and then buys the baht and Thai stocks in large quantities. The worlds speculators are waiting for Soros to give the signal. B: Stock market genius, amateur philosopher and philanthropist The next financial crisis is sure to come The only question is when. Soros became famous in 1992 when the Bank of England had to bow down to the Hungarian through currency speculation, increasing the wealth of his investors while amassing a private fortune of more than $2.5 billion for himself. He is also the worlds largest philanthropist and has set up a foundation, the Open Society Institute, which has more than 50 branches worldwide and employs more than 1,000 people. The great speculator, born in 1930, took a break from daily trading back in 1989 and only when it came to big moves like the attack on the British pound or the Thai baht, Soros was actively involved in such moves, and no one wanted to give up taking advantage of I put my money where my mouth is, Soros said. In the past two years, Soros has been a vocal critic of Bushs domestic and foreign affairs and has publicly stated that confrontation with Bush has become the most important thing in his life. Last year, Soros launched an urgent new book, "American Hegemony," to show his protest against Bushs launch of ICXO Iraq. Bubble" he said in the book: when I heard Bush said ‘not stand with us is our enemy’, I thought of Nazi Germany for this reason, he invested a lot of money to support a variety of anti-Bush groups and individuals, so far has contributed more than $ 16 million Among them, he donated $ 10 million to a liberal organization against Bush, America Together, for the agitation of voters He donated $2.5 million to an organization called MoveOn.org to run anti-Bush ads in major U.S. media, so much so that an Agence France-Presse reporter once teased that President Bush would now have no peace even if he only read newspaper ads ■ A financial speculator with a difficult history Soros was born in 1930 in Hungary to a family of Jewish lawyers During World War II, Soros family was persecuted by the Nazis because of their Jewish heritage and went into hiding, wandering around. In 1956, he moved to the United States and became an American citizen in 1961. Now, at the age of 74, Soros lives in the suburbs of New York City. With his incredible market insight and foresight, Soros has made a fortune in the financial markets of various countries and has been called the worlds greatest money manager by the American magazine Social Business Investor. In 1997, he made waves in Asian financial markets, but in the last two years, Soros interest seems to have shifted more to politics ■ Republicans are very worried about the filibuster Soros is stingy to himself, but generous to others, is the largest philanthropist in the United States if interested in a charity project He once said: I want to be a legend in my lifetime, not to be remembered after I die. Republicans were so concerned about Soros anti-Bush activities that they began to impose legal restrictions on him and tried to portray him as an unrealistic left-wing radical and a demonic figure who did not represent mainstream consciousness, but in an exclusive interview with the Associated Press, Soros repeatedly emphasized: I think Im crazy, not an extremist