George Soros’ Investing Style

The ETFDailynews reveals of George Soros investing techniques  (hat tip EPJ)

George Soros, one the greatest Hedge Fund Managers of our time, trades stocks very different than a mutual fund or hedge fund manager might today. Soros was trained in economics at the London School of Economics. His view on stocks is driven by his macro view. He is less interested in what a company does or anything about its financials or fundamentals.

Soros trades stocks in sectors he expects to perform within his macro view. When he likes a sector he usually purchases 2 stocks from it: First, the market leader usually the Largest Market Cap Company and the second stock he usually purchases is the cheapest, lowest priced stock in the sector. He does this because he believes that if the sector takes off, the cheapest most speculative stock will double or triple while the industry leading stock will just slowly go up over time.

I somewhat share the same 'big picture' (rather than aggregate based macro economics)  investing template except that so far I have been limited to local equities.  My next step is to invest global using different markets not limited to equities.