George Soros And 1987: When Your Longs & Shorts BOTH Go Against You I can relate to situations where all my positions went against me…and I’m sure some participants can relate to that as well YTD. So imagine the following scenario: It’s 1987 and you’re the Quantum Fund: Soros’s team was up ~60% by the end of September, 1987 Quantum was positioned short Japan but long the U.S. market. On October 14 Soros published an article in the Financial Times reaffirming his view that the crash would arrive in Tokyo. That day, followed by the 15th and 16th, US equities…
George Soros And 1987: When Your Longs & Shorts BOTH Go Against You
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