Know more about George Soros

All know that George Soros is a billionaire. But few are not aware that this wealth is not from his family. He is a self-made person and very proud of this fact. He has earned a reputation for his knowledge on making investments along with his philanthropic work.

He was born in 1930 in Budapest in Hungary. George Soros managed to survive the Nazi occupation as his father had money to get false papers for him and his family. George Soros managed to survive the rule of the Communists in the mid-1940s. Then he decided to immigrate to London.

Once there, he joined the London School of Economics and earned his economics degree. In 1956, George Soros went to New York City. His plan was to make money on the Wall Street. After that, he wanted to come back and stay in London as he did not want to stay in America permanently. Once George Soros entered the Wall Street and stepped into the finance world, he was not able to come back. Know more on investopedia.com about George Soros.

In 1979 George Soros began with his philanthropy. By 2012, his donations reached nearly $7 billion. He makes most of these donations through the channel of his Open Society Foundations.

He got interested in the philosophy of Karl Popper while he studied at the London School of Economics. He read one of his books, The Open Society and Its Enemies and was highly influenced by it. He got impressed by his criticism of totalitarianism. He never studied under Popper directly. Still, he was impressed by the philosophy and work of Popper.

This book by Karl Popper helped George Soros to realize that no ideology can claim to own the truth. Hence only such societies can flourish which are able to operate in free and open manner. Thus complete and total respect for the individual rights has to be there. These thoughts were able to influence George Soros in a deep way. They are the base of all his actions taken later in life.

In 1956, George Soros sailed off to New York. He joined a brokerage firm called F.M. Mayer, on Wall Street. He worked for many other firms after that. George Soros decided to set up his hedge fund in 1973 and named it the Soros Fund. It got renamed later and called the Quantum Fund. Again the name was changed and became the Quantum Fund Endowment. Read more about George at The New York Times.

He began this firm with the $12 million that he got from investors. Immediately this fund was successful. It led to Soros being in the list of richest persons in the world and holding the 21st position in it.

George Soros is 85 years old. His estimated net worth seems to be around $26 billion.

Know more: http://www.businessinsider.com/george-soros-billionaire-investor-profile-2017-1

Adam Goldenberg Uses Data To Sell Fashion

Adam Goldenberg, one of the CEOs of TechStyle, has made plenty of appearances on many different channels and shows. One channel that he has appeared on is CNBC. He has spoken on the topic on data and what it has to do with fashion. According to Adam Goldenberg, data has a lot to do with fashion. For one thing, data helps companies find out what customers want. For one thing, data determines what is selling. However, Adam Goldenberg takes a different approach to data. While a lot of stores just provide the products and watch all of the sales then record the data, Adam Goldenberg takes in the data first.

For all of the brands of TechStyle, the first step that the customer takes when he joins the site is to sign up and then take a survey. The customer is asked a few questions about his preferences on rgtadvisors.com. Then he is taken to the area that is based on the preferences of the customer. So far, this has been very effective. Another aspect of the membership is that they pay for the membership. This allows them to save a lot of money on their products. To top it off, they get items for free each month.

Adam Goldenberg shows that data has a place in fashion. For one thing, it leaves very little left over when it comes to products on wikipedia.org. While a lot of stores are left with a ton of products that they have to get rid of which results in clearances, TechStyle does not have this problem to the same extent as other stores. This shows that they have a lot of wisdom when it comes to selling to customers at https://twitter.com/adamgoldenberg?lang=en. One of the things that they have shown is that the best way to sell to customers is to listen to them.

Read more: TechStyle’s data-driven fashion – CNBC Video