Soros Says He's Stopped Betting On Pound To Decline
Billionaire investor George Soros has told reporters at the World Economic Forum in Davos that he has stopped betting on the pound’s decline.
"I did actually foresee the fall in sterling and that was one of the positions we carried," Soros said. But added that at below $1.40 "it seemed to me the risk-reward was no longer clear."
That's good enough for me Georgie Boy.
"I did actually foresee the fall in sterling and that was one of the positions we carried," Soros said. But added that at below $1.40 "it seemed to me the risk-reward was no longer clear."
That's good enough for me Georgie Boy.
