This Investing Legend Just Doubled His Bet Against U.S. Stocks

Saturday, August 20, 2016
By Paul Martin
August 19, 2016

George Soros just doubled his bet against U.S. stocks.

You’ve probably heard of Soros. After Warren Buffett, he’s likely the world’s most well-known investor.

Soros is a household name because of his incredible track record. From 1969 to 2011, he generated average annual returns of 20%. He nearly beat the S&P 500 2-to-1 over that stretch.

Soros also famously “broke the Bank of England.” In 1992, he made a giant bet that the pound sterling, Britain’s currency, would crash. When it did, Soros pocketed $1 billion.

For the last few years, Soros has been on a bit of a hiatus. But two months ago, he came “out of retirement” to run Soros Fund Management, which manages about $29 billion.

That’s because Soros thinks there’s big money to be made right now…

But Soros isn’t betting stocks will go higher—he’s betting they’ll crash.

In the first quarter, Soros cut his stake in U.S. stocks by 37% and placed a HUGE bet on gold.

Today, we’ll tell you about Soros’ latest move. And we’ll tell you about another investing legend who’s also betting big against stocks. Plus, we’ll show you the #1 way to protect your wealth from a stock crash.

The Rest…HERE

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