George Soros got involved in politics a while back, in the 1990s’s at the latest. He made over $1,000,000,000 (that’s a billion) in finagling with the British pound. As an observer said: “I’ve learned many things from him, but perhaps the most significant is that it’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.” (Some details about the British pound crisis here.)
Thus it is with some amusement that we watch the anti-Trump antics of Soros, including those that favored his GOP competitors. Maybe there’s an element of ideology involved, but puh-leeze. (Full disclosure: we may have met the guy 30 years ago when bidding on a company with Soros Private Equity, but we don’t exactly remember.) In our view, the guy is about making money, and politics plays a major role in going long and short currencies and stock markets.
It’s much easier to create riots and such than on the Left than on the right, so that’s where you’d spend a few bucks to create turmoil in society and markets. What he goes long on and what he goes short on is highly correlated to this, if the manipulating of the British pound is any example. So the violent fools in their hoodies rioting at Berkeley and NYU are fools way beyond their capacity to understand: they are tools to make a rich guy richer.