Our network of expert financial advisors field questions from our community. Sophisticated content for financial advisors around investment strategies, industry trends, bruce kovner forex market advisor education. A celebration of the 100 most influential advisors and their contributions to critical conversations on finance. The latest markets news, real time quotes, financials and more.
Most currency traders avoid the limelight, but a select few have risen to international stardom. These well-known players have broken the mold, posting incredible results over long careers. They’re people of influence who have had a profound impact on the investment industry. These individuals offer guidance to forex traders at the start of their career and journeymen looking to improve their bottom-line results. These traders have led by example, by taking meticulously calculated risks.
Below we have profiled five that are among the best, some of whom are surprisingly humble while others flaunt their success. George Soros George Soros was born in 1930 and began his financial career at Singer and Friedlander in London in 1954 after escaping Nazi-occupied Hungary during World War II. He worked at a series of financial firms until he established Soros Fund Management in 1970. 40 billion in profits in the last five decades. Stanley Druckenmiller Stanley Druckenmiller grew up in a middle-class suburban Philadelphia family and began his financial career in 1977 as a management trainee at a Pittsburgh bank. He quickly rose to success and formed his company, Duquesne Capital Management, four years later. Druckenmiller also worked with Soros on the notorious Bank of England trade, which launched his rise to stardom.
His fame intensified when he was featured in the best-selling book, The New Market Wizards, published in 1994. Andrew Krieger Andrew Krieger joined Banker’s Trust in 1986 after leaving a position at Solomon Brothers. This bankroll put him in a perfect position to profit from the Oct. For further reading, see “How Forex Speculators Profited From Famous Currency Meltdowns.
Bill Lipschutz Bill Lipschutz started trading while attending Cornell University in the late 1970s. In 1982, he began working for Solomon Brothers while he pursued his MBA degree. Lipschutz migrated into Solomon’s newly-formed foreign exchange division at the same time forex markets were exploding in popularity. 300 million per year for the company by 1985. Bruce Kovner Bruce Kovner was born in 1945 in Brooklyn, New York and didn’t make his first trade until 1977 when he was 32 years old. The fund’s profits and management fees, split between commodity and currency positions, made the reclusive Kovner one of the biggest players in the forex world until he retired in 2011. The Bottom Line From Soros to Kovner, the common theme among this list of famous forex traders is that they have profited mightily from their thoughtful trades, which coupled with self-confidence and an incredible appetite for risk, has cemented them among the best and richest investors in history.