Soros' Herbalife bet

I have been finding out more about George Soros and his career over the last few weeks. In my opinion a very smart guy.

One trade of his that caught my eye was the Herbalife bet. He seemed to have got in after Icahn and Ackman had their fight and rode the winner.

He seems to have liked the crowded trade which adds to volatility. But picking the initial direction is hard.

Written on January 29, 2019