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Soros Lost About $1 Billion Betting Against Trump

Will this presidential election be the most important in American history?

George Soros is the biggest loser for betting against Donald Trump.

First, Soros invested more than $10 million to get Hillary Clinton elected president.

Then the billionaire lost almost $1 billion in the stock market after Trump’s victory.

The New York Post reports:

Billionaire George Soros, a major Hillary Clinton supporter, lost close to $1 billion in trades by betting stocks would collapse after Donald Trump’s stunning victory in November, it was reported Thursday.

Instead, the Dow Jones Industrial Average has soared 9.3 percent.

The lefty hedge-fund manager – who donated millions to Clinton and returned to last year to managing his $30 million Soros Fund Management LLC — placed bearish bets because he thought the economy was headed south after Trump’s election, according to the Wall Street Journal.

In addition to those losses, Soros is a huge financial backer of left-wing advocacy groups which failed to get Clinton elected or to deliver the Senate in Democrat’s hands.

In the end, the will of the American people trumped Soros’ deep pockets.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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