Welcome to the tag category page for Investing!
The term "Greatest Trade" refers to a trade made by George Soros in September 1992 where he bet against the British pound and correctly predicted that the U.K. would be forced to devalue the pound, leading to a rise in the value of the Deutsche mark. This move earned Soros a profit of around $1 billion and is widely considered one of the most successful trades in history. The term "Greatest Trade" refers to the magnitude of Soros' bet and the size of his resulting profit.
