George Soros is known as the guy who broke the bank of England. He made over a billion dollars from his famous trade! Wowza! Check out this episode to learn how he did it. We also cover why currency trading is an incredibly hard way to make money.
Sources:
https://www.forbes.com/sites/steveschaefer/2015/07/07/forbes-flashback-george-soros-british-pound-euro-ecb/?sh=433eb21b6131
https://en.wikipedia.org/wiki/Black_Wednesday
https://www.investopedia.com/terms/b/black-wednesday.asp
https://www.theguardian.com/business/2012/sep/13/black-wednesday-20-years-pound-erm
https://www.independent.co.uk/news/wednesday-16-september-1992-5386567.html
Disclaimer
This podcast is for informational purposes only and should not be relied upon as the basis for investment decisions. I may maintain positions in the securities discussed on this podcast.