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Huffington Post: George Soros Bet $1.3 Billion The Stock Market Will Fall

February 18, 2014

George Soros, the billionaire hedge-fund manager who has broken the British pound and some Republican hearts, is betting that the U.S. stock market could break, too.

Soros Fund Management had $1.3 billion wagered at the end of 2013 that the Standard & Poor's 500-stock index would fall, the Bullion Baron blog reported last week, citing the fund's latest regulatory filing. It was Soros' biggest position, making up 11 percent of his fund's holdings.

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