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Relax guys, it's just a way to force other countries to the negotiating table for more favorable trade terms
Scott Bessent, has had a notable career in finance, including a significant period working for George Soros at Soros Fund Management. Here are some insights and quotes or paraphrases from Scott Bessent related to George Soros:- **On Working with Soros:** Bessent has described George Soros as having a "Wooden-style genius" when it comes to investing, referencing the legendary UCLA basketball coach John Wooden, implying that despite political differences, Soros's investment prowess is unmatched. Bessent emphasized that investing, like sports, is a meritocracy where the focus should be on learning from the best, regardless of political views (Source: Forbes article about Bessent's nomination).- **Soros's Influence:** Bessent's career was significantly shaped by his time with Soros, where he played a role in high-profile currency trades like the bet against the British pound and the Japanese yen. While direct quotes from Bessent about Soros are less about Soros's philosophy or personal beliefs and more about the professional impact Soros had on him, Bessent has often highlighted the importance of understanding macroeconomic trends, a strategy he likely honed under Soros.- **Philosophical Differences:** Although there isn't a wealth of direct quotes from Bessent about Soros's personal beliefs, his own political journey from supporting Democrats to becoming a key economic advisor for Trump suggests a nuanced perspective on Soros's influence. Bessent's move towards supporting Trump's policies indicates a professional respect for Soros's acumen but a divergence in political ideology.- **Soros’s Trading Philosophy:** In broader discussions about investing, Bessent might echo some of Soros's notable views, like the unpredictability of markets and the importance of being flexible in investment strategies. However, specific quotes from Bessent on these topics directly linked to Soros are not commonly found in public records.These insights are drawn from various sources discussing Bessent's career, his relationship with Soros, and his own statements on investing and political involvement. Bessent's connection with Soros has been highlighted in the context of his appointment as Treasury Secretary by Donald Trump, where his past association with Soros was noted, though his own political stance has shifted over time.
