George Soros made money from speculation (e.g. shorting the pound out of the ERM... | Hacker News

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grey-area on Dec 18, 2013 | parent | context | favorite | on: Bitcoin Value Sinks After Chinese Exchange Move

George Soros made money from speculation (e.g. shorting the pound out of the ERM), not investment (buy and hold as the OP advocates).

mattm on Dec 18, 2013 [–]

It all depends on how you look at it though. For Venezuelans, the US dollar is an investment.

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