13 Best Growth Stocks To Buy According To George Soros

Is Booking Holdings Inc. (NASDAQ:BKNG) Billionaire George Soros's Best Stock Pick in 2024? · Insider Monkey
Fahad Saleem
12 min read

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In this article, we will take a look at the 13 best growth stocks to buy according to George Soros. To see more such companies, go directly to 5 Best Growth Stocks To Buy According To George Soros.

Billionaire George Soros is one of the most respected and notable hedge fund managers in the world, with a net worth of over $6.7 billion. The 93 year-old Hungarian American is known as the philosopher investor in the Wall Street, mainly due to his contributions to philosophy and his deep desire to leave his mark in the world of philosophy, which many believe he fulfilled thanks to his General Theory of Reflexivity for capital markets.

A Failed Philosopher?

George Soros in his book The New Paradigm of Financial Markets wrote a chapter titled “Autobiography of a Failed Philosopher” in which he talked in detail about how many, including his son and his biographer, started accepting the idea that Soros was a failed philosopher.  Soros talks in detail about his childhood, his relationship with his father who at one point, according to Soros, lost all ambition in life and did not amass any wealth. A Jew by birth, Soros decided to come to the UK after the Nazi occupation of Hungary. Soros’ first interactions with philosophy started when he was impressed by the works of Karl Popper. But Soros’ dreams of creating a career in philosophy could not realize for several reasons, some of which he talks about in his book:

“I would have preferred to stay within the safe walls of academe—I even had a teaching assistant job prospect at the University of Michigan in Kalamazoo, but my grades were not good enough, and I was forced to go out into the real world. After several false starts, I ended up working as an arbitrage trader, first in London and then in New York.* At first I had to forget everything I had learned as a student in order to hold down my job, but eventually my college education came in very useful. In particular, I could apply my theory of reflexivity to establish a disequilibrium scenario or boom-bust pattern for financial markets. The rewarding part came when markets entered what I called far-from-equilibrium territory because that is when the generally accepted equilibrium models broke down.”

At the end of the chapter Soros said he was able to come out of the period of self-doubt and finally achieved his goal of becoming a philosopher.

"I am aware of the various shortcomings in my previous presentations, which I hope to have overcome, and I believe that it will be worth the reader’s while to make the effort required to understand my philosophy. Needless to say, this makes me very happy. I have been fortunate in making a lot of money and spending it well. But I have always wanted to be a philosopher, and finally I may have become one. What more can one ask for from one life?"

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