“George Soros reportedly lost around $1 billion after Trump’s election” is interesting for proving the adage that “nobody knows anything”:
Additionally, most Wall Street analysts believed that a Trump win would sow uncertainty and cause a sell-off.
They could have bought portfolio insurance for almost nothing! (see Wall Street nerds: How much does it cost to hedge against a 20-percent drop in the stock market this week?)
Not only did I predict the trump victory on this very website I also predicted the rise of the stock market which I capitalized on. I intend also to capitalize on my free lunch. Phil when will you be in California?
That’s true, toucan! I will be happy to buy that lunch in exchange for your next investment tip!
(no plans for a California trip right now, unless you count changing planes in SFO en route to Hawaii)