New CIO Scott Bessent’s ability to turbo-charge returns could mean the difference between the boss being able to gift multiple ladies with apartments and being sued by on-again/off-again girlfriends he promised a dream house on East 85th.
Scott Bessent, who managed George Soros’s European investments for eight years, is returning to Soros Fund Management LLC as chief investment officer to oversee the $25 billion that belongs to the billionaire, his family and foundations, according to a letter sent to employees. Bessent, 49, succeeds Keith Anderson, 51, who left in July after his performance over the previous 18 months lagged behind peers. At the time of Anderson’s departure, the New York-based firm told clients it would return all outside capital, less than $1 billion, by the end of this year…While Soros’s flagship Quantum Endowment Fund returned about 20 percent a year, on average, since 1969, its performance suffered in the 18 months or so through June, a person familiar with the firm said in July. In the first half of this year, Quantum lost about 6 percent, the person said, following a gain of 2.5 percent in 2010.
Soros’ Ex-Trader Bessent Returning As CIO [Bloomberg]
Related (…?): George Soros’ “On-Again, Off-Again” Ex-Girlfriend Wants $50 Million For Broken Promises
As CIO, Bessent will be in charge of girlfriend apartment allocation and sizing the biggest tits, managing internal coordination of Soros' concubine schedule, choosing and monitoring external girlfriend candidates, risk management, putting on hedges and making tactical real estate investments.
What he should get serious about is his beach attire.
- reader who can't let go of the blue bikini and bonnet photo just yet.
Don't be hatin'
-Future CIO
I'd move forward forcefully and decisively into her.
I miss Matt.
I think "concubine" is the correct term, as "girlfriend" actually implies, you know, an actual friendship.
One day, George Soros, Julian Robertson and James Simons are all sitting around, talking about their aches, pains and bodily functions.
James Simons says, "I have this problem. I wake up every morning at seven and it takes me twenty minutes to fucking piss."
Julian Robertson says, "My case is worse. I get up at eight and I sit there and grunt and groan for half an hour before I finally have a BM."
Finally, George Soros speaks up, "At seven I piss like a race horse, at eight I flop like a cow."
"So what's your problem?" ask the others.
"I don't wake up until nine."
Did he quit? He was improving enormously.
Naked: be a doll and broker an intro to Scott for me? Thx.
You know he's still here right? And will likely be posting shortly? Cool.
its not 4:30 yet. he'll show up.
That 26-year old has the death grip on Georgie's arm and it looks like he's trying to escape. And her shoes look PayLess.
- Guest who thinks too much
Serious Soros is Serious
fuckin brilliant.
Where is EOPD? I miss him terribly and haven't seen him since DB moved to ID. Anyone know where he is?
No idea but if your lonely I am more than happy to keep you company.
- Guy with an agenda
The classics never get old.
No, not Soros – just the joke.
Nice try but no cigar. Disqualified for failure to know the difference between "your" and "you're"
Which is why his Quantum Endowment Fund seems to be a bit of a misnomer as we have all seen that pic.
Same diff no diff with a cock in the mouth.
technically no cigar for you.
Mr President: Thx for getting the reference. A +10 for you.
I didn't know an 80 year old man could be a douche until I saw him in this shirt.
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