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Politics Do Not Pass/Pass With Care. Today's truckers are far more educated and cognizant of the issues regarding politics due to the sharp increase in talk radio, and various trucking news media sources. Talk politics. Do truckers like politicians? More Political Sites: • Political Forum • Reform US Government •

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^ Top   #1   08.17.2008

tmorr37 MIA (Banned or Retired)   Last Seen: 03.08.2009 10.13 PM Member Since: Jun 2007 Trucker? 20 Years Posts: 193 My Trucking Photos: 0 Thanks: 0 Thanked: 23 Times

Soros Hedge Fund Bought Petrobras Stake Worth $811 Million Soros Hedge Fund Bought Petrobras Stake Worth $811 Million By Jeb Blount and Miles Weiss Aug. 15 (Bloomberg) -- Billionaire investor George Soros bought an $811 million stake in [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. in the second quarter, making the Brazilian state-controlled oil company his investment fund's largest holding. As of June 30, the stake in Petrobras, as the Rio de Janeiro-based oil producer is known, made up 22 percent of the $3.68 billion of stocks and American depositary receipts held by Soros Fund Management LLC, according to a filing with the U.S. Securities and Exchange Commission. Petrobras has since slumped 28 percent. Soros has increased his mining and commodities holdings, a move that accelerated in the first quarter with purchases of such companies as [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. , the world's largest iron-ore producer, and [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. , a Canadian oil and gas company. In November, Petrobras announced the discovery of Tupi, a field with as much as 8 billion barrels of reserves, making it the largest find in the Americas since 1976. ``Petrobras has something that other oil companies don't have: oil -- lots of it and they're going to find more,'' said [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. , equity fund manager with UBS Pactual SA in Rio de Janeiro, which manages about $5 billion of stocks, including shares in Petrobras. ``If you can buy now and hang on, if you have the staying power, it's great.'' [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.

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^ Top   #2   08.17.2008

Ronnocomot MIA (Banned or Retired)   Last Seen: 12.13.2008 11.20 PM Member Since: Sep 2006 Location: IL Trucker? 4-Wheeler Posts: 8,315 My Trucking Photos: 0 Thanks: 40 Thanked: 801 Times

Old George was never above making a buck. Even if it goes against what he preaches through MoveOn. The old saying "Do as I say, not as I do" applies here I guess.

^ Top   #3   08.17.2008

lostNfound Road Train Member   Member Since: Jun 2007 Location: I've been everywhere man... Trucker? No Answer Posts: 1,784 My Trucking Photos: 0 Thanks: 32 Thanked: 643 Times

Quote: Originally Posted by Ronnocomot Old George was never above making a buck. Even if it goes against what he preaches through MoveOn. The old saying "Do as I say, not as I do" applies here I guess. It almost seems like there's some self-loathing going on there. He makes a ton of money and then feels guilty about it...?

^ Top   #4   08.17.2008

Ronnocomot MIA (Banned or Retired)   Last Seen: 12.13.2008 11.20 PM Member Since: Sep 2006 Location: IL Trucker? 4-Wheeler Posts: 8,315 My Trucking Photos: 0 Thanks: 40 Thanked: 801 Times

Quote: Originally Posted by lostNfound It almost seems like there's some self-loathing going on there. He makes a ton of money and then feels guilty about it...? His public statements often differ with his investment decisions. Bash Halliburton and tur around and buy 2 million shares. I think he is just confused about how to act as a rich dude.

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^ Top   #5   08.17.2008

Big Duker "Don Cheto"   Last Seen: 4 Hours Ago 03.09 PM Member Since: Sep 2007 Location: Weatherford,TX Trucker? 27 Years Age: 54 Posts: 4,357 My Trucking Photos: 0 Thanks: 2,086 Thanked: 2,189 Times

Quote: Originally Posted by Ronnocomot His public statements often differ with his investment decisions. Bash Halliburton and tur around and buy 2 million shares. I think he is just confused about how to act as a rich dude. We should all have such confusion in our daily lives.

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^ Top   #6   08.18.2008

Joe Dirt Light Load Member   Last Seen: 06.16.2009 02.08 PM Member Since: Feb 2008 Location: Grand Rapids, MI Trucker? Trucking Industry Posts: 167 My Trucking Photos: 0 Thanks: 32 Thanked: 31 Times

Unreal- I'll bet this doesn't get hashed over as if a former Bush Aide bought a ton of oil stock...

^ Top   #7   08.18.2008

lostNfound Road Train Member   Member Since: Jun 2007 Location: I've been everywhere man... Trucker? No Answer Posts: 1,784 My Trucking Photos: 0 Thanks: 32 Thanked: 643 Times

Quote: Originally Posted by Ronnocomot His public statements often differ with his investment decisions. Bash Halliburton and tur around and buy 2 million shares. I think he is just confused about how to act as a rich dude. I think he wants to be percieved as "just one of the (little) people". The reality is, if he sneezes, about half the world catches a cold.

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