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Definition: George Soros is one of the top investors of the last couple decades. He is largely known for his bet against the British pound, which resulted in a one-day profit of $1 billion.
StockJargon Advice: George Soros managed the Quantum Fund, a wildly-successful hedge fund, for nearly 30 years. He rose to fame in 1992 when he shorted the British pound so heavily that the British government was forced to devalue it, netting him a $1 billion profit. For this reason, many people in the UK still despise him.
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