Man Who Moves Markets
Cover Story THE MAN WHO MOVES MARKETS --- SUPER-INVESTOR AND
BENEFACTOR GEORGE SOROS
IS THE SCOURGE OF EUROPE'S CENTRAL BANKS
Gary Weiss in New York and Gail E. Schares in Budapest, with Geri Smith in Mexico City,
Paula Dwyer in London,
Neal Sandler in Jerusalem, Karen Pennar in New York, and bureau reports
08/23/1993
Business Week
Pg. 50
Copyright 1993 McGraw-Hill, Inc.
There is a point beyond which self-revelation can be damaging, and one of the flaws in my character, which I have not fully fathomed, is the urge to reveal myself. --George Soros, The
Alchemy of Finance, 1987 It is a hot day in New York, and something unusual is about to happen on the 33rd floor of a building at the corner of 57th Street and Seventh Avenue. These are the offices of George Soros, the most powerful and successful investor in the world, a man whose actions and utterances can rock world financial markets, infuriating central bankers and playing a major role in derailing the European currency system. George Soros is about to give an interview. And Gerard
Manolovici, a veteran Soros portfolio manager, is upset. "Gary, you've got to stop it," he says to Gary Gladstein, Soros' chief administrator. "I'm serious. You've got to stop this story."
Gladstein smiles. "We don't like publicity around here," he explains to a reporter. "We like to keep a low profile." But if the Soros investment managers are loath to reveal themselves to the world, that sentiment is not--nowadays--shared by their complex, billionaire overlord. For the better part of a year, Soros has been regularly making his views known to the world--but only rarely through interviews such as his talk with BUSINESS WEEK (page 52). He prefers to avoid the media middleman--the American press in particular. Instead, he communicates his views directly--by articles in newspapers, statements to wire services, and letters to the editor, all written in a distinctive style that combines courtliness, scholarship, and, at times, a touch of
BENEFACTOR GEORGE SOROS
IS THE SCOURGE OF EUROPE'S CENTRAL BANKS
Gary Weiss in New York and Gail E. Schares in Budapest, with Geri Smith in Mexico City,
Paula Dwyer in London,
Neal Sandler in Jerusalem, Karen Pennar in New York, and bureau reports
08/23/1993
Business Week
Pg. 50
Copyright 1993 McGraw-Hill, Inc.
There is a point beyond which self-revelation can be damaging, and one of the flaws in my character, which I have not fully fathomed, is the urge to reveal myself. --George Soros, The
Alchemy of Finance, 1987 It is a hot day in New York, and something unusual is about to happen on the 33rd floor of a building at the corner of 57th Street and Seventh Avenue. These are the offices of George Soros, the most powerful and successful investor in the world, a man whose actions and utterances can rock world financial markets, infuriating central bankers and playing a major role in derailing the European currency system. George Soros is about to give an interview. And Gerard
Manolovici, a veteran Soros portfolio manager, is upset. "Gary, you've got to stop it," he says to Gary Gladstein, Soros' chief administrator. "I'm serious. You've got to stop this story."
Gladstein smiles. "We don't like publicity around here," he explains to a reporter. "We like to keep a low profile." But if the Soros investment managers are loath to reveal themselves to the world, that sentiment is not--nowadays--shared by their complex, billionaire overlord. For the better part of a year, Soros has been regularly making his views known to the world--but only rarely through interviews such as his talk with BUSINESS WEEK (page 52). He prefers to avoid the media middleman--the American press in particular. Instead, he communicates his views directly--by articles in newspapers, statements to wire services, and letters to the editor, all written in a distinctive style that combines courtliness, scholarship, and, at times, a touch of