5 Most Successful Short Sellers of All Time

1. George Soros

Perhaps the most famous and successful of all the short sellers in the world is George Soros, the man responsible for “breaking” the bank of England, earning him the first rank on the list of the most successful short sellers of all time. When Britain upped its interest rates to attract more people to the pound, speculators like Soros began heavily shorting the currency. When the government realized that it was losing billions of pounds because it attempted to buoy its currency to higher levels artificially, it gave in. It withdrew from the Exchange Rate Mechanism (ERM). Due to this, the pound came back more vital than ever, and the British economy was able to strengthen once inflation levels were controlled and high interest rates were reduced. For the role Soros played in enforcing market dynamics, he was able to earn $1 billion on the deal while cementing his reputation as the premier speculator of currency.

George Soros of Soros Fund Management

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