George Soros – A coveted business mogul, philanthropist, an investor, and a bestselling author. He is an American, but of Jewish- Hungarian descent. He holds a dual citizenship for that matter. He is the chairperson of the George Soros Investment. The company manages a staggering $30 billion of his and family investment.

George Soros became internationally prominent investor after predicting the shortening of the British pound in September of 1992, investing $10 billion in the process. The speculation eventually came to pass, and he made a profit of $1 billion. He has been a stronger proponent of democratic ideals throughout his thirty years of engagement. Open Society Foundations – His charitable corporation champions human rights and democracy across 100 countries on the globe. Open Society Foundations seeks to create lively and open-minded democracies fully accountable to the citizenry.

After taking a sabbatical on matters trading, he’s back at it, motivated by the prospective economic troubles. He intends to profit from it. George Soros is exceedingly worried about the future outlook of the global economy speculating that massive market shifts may occur sooner than later, subsequently, directing a chain of Bearish big investments.It is according to those close to the subject matter.

It is believed Soros Fund Management LLC, which controls over $30 billion for George Soros and his family, have sold stocks and consequently purchased gold and gold miner’s shares in anticipation of weakening in various markets. Gold has been viewed as a haven in times of economic turmoil.

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Here’s How George Soros’s Latest Predictions Have Played Out

Billionaire Investor George Soros Sees Economic Trouble Ahead

This move indicates a considerable shift for George Soros considering the billionaire has spent the last years concentrating on philanthropy and public policy. He is also believed to be a significant contributor to the presumptive Democratic nominee Hillary Clinton campaign. He also funds groups and institutions supporting Democrats.

George Soros has one excellent pedigree. He has always had a close eye on company’s investments. It has been documented in some quarters that many senior executives have expressed anger at how he at times pokes his nose into the business’s operations. This act often happens when the firm suffers losses according to sources. But recent reports suggest that he hasn’t committed much in his personal investments. Earlier this year, that trend drastically shifted when he began spending much more time in the office controlling trades. The anonymous tip further claims that he has been more recently in touch with his executives.

George Soros recently contacted an interview WSJ by mail and noted specific concerns with the steady capital flight from the Republic of China. He was also concerned with notable variations including the Greek challenges, migration crisis and the potential Britain exit from the European Union, which could potentially lead to the collapse of the European Union.

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What to do When Your Competitors Try to Damage Your Reputation?

Becoming a successful entrepreneur is fraught with challenges. Successful businessmen understand how difficult it is to gain a solid reputation among clients with companies like As the business grows, keeping that reputation is even more challenging then building it. In fact, it is natural for competitors to feel jealous of the success. Therefore, competitors are bound to hit back at you, when the opportunity arise. In such circumstances, many entrepreneurs take the bait and play in the hands of the competition. However, it is important to stick to your plans and follow the five golden rules.

1. Don’t Get Yourself Dirty

Whenever someone attacks your reputation, it is always tempting to answer them. In fact, Internet has made it easier for everyone to inflict serious damage to the reputation by spreading false rumors. Therefore, the most practical reaction is to ignore rumors without replying back. If necessary, it may be important to carefully craft an answer ensuring that you don’t get dragged into the debate.

2. Give Assurance to the Customer

As false rumors can negatively affect your brand, it is important to let your customers know that your business is here to stay for the long-run. As such, customers should get assurance that everything is normal and there is nothing to worry about.

3. Counteract by Offering Extra Value

Many companies counteract false accusations by offering extra value to the clients. Remember, customers do business for the value. Accordingly, giving extra value will not only provide reassurance regarding the integrity of the business, but also keep customers attracted to the brand.

4. Get Assistance

Sometimes, it is better to get support by listening to the advice of your loved ones. As two heads are better than one, sharing problems with people you trust is the most feasible action. Likewise, it also helps to get professional advice, where necessary.

5. Stay Focused on “Why”.

When competitors attack, the simplest and most powerful response is to simply focus on why you have become an entrepreneur. The simple answer is because you love challenges. Actually, your success is a proof that you are successful because you can handle challenging situations without giving away your emotions.