Soros was Long GBP
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Yes but he's known to take extremely concentrated positions - especially during events like this.
You must have missed his doomsday positioning
Indeed. Care to elaborate?
he was probably short BCS doe
why the fuck would he be long the pound. I sold out of the money options in case shit hit the fan. He could not have be that sure the vote was for remain to make that kinda of a bet. Then again you live and die by your choices.
How would selling OTM options help in case shit hit the fan? I am really curious..
Do you know what an option is?
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