“Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor’s 500 Index since late last year. The latest 13-F filing with the SEC shows that Soros Fund Management increased its position in ‘puts’ on the SPDR S&P 500 exchange-traded fund by a staggering amount in the second quarter from the first. However, Soros’ fund bought 182 new stocks in the second quarter. Soros also lifted positions in Apple and Facebook in a portfolio loaded up with stocks, ‘so he can’t possibly be all that gloomy,’ MarketWatch reported.”
http://www.newsmax.com/Finance/george-soros-stock-market-S-P-500-bet/2014/08/16/id/589153/
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