Soros, who made $1B betting against the pound in 1992, said he shorted the current downturn as...

|By:, SA News Editor

Soros, who made $1B betting against the pound in 1992, said he shorted the current downturn as well, but that he exited his position when the pound hit $1.40. "It seemed to me the risk-reward was no longer clear." (ETF: FXB)