The Alchemy of Finance

The Alchemy of Finance

4.3
Books
2015
Bestseller Rankings
#21 in Investment Portfolio Management #49 in Accounting
#62 in Stock Market Investing
#29,395 in Books

About This Book

Summary

Presents George Soros's theory of reflexivity, arguing that market participants' thinking and market events are interconnected and influence each other, leading to booms and busts.

Key Insights

Level:
Generally considered a seminal work.
Concepts:
George Sorosreflexivitymarket participants+1 more
Skills:
George Sorosreflexivitymarket participants+1 more
Relevance:
George Sorosreflexivitymarket participants+1 more
Applications:
Direct application in George Soros's theory of reflexivity.

Description

New chapter by Soros on the secrets to his success along with a new Preface and Introduction

New Foreword by renowned economist Paul Volcker "An extraordinary . . . inside look into the decision-making process of the most successful money manager of our time

Fantastic." ― The Wall Street Journal George Soros is unquestionably one of the most powerful and profitable investors in the world today

Dubbed by BusinessWeek as "the Man who Moves Markets," Soros made a fortune competing with the British pound and remains active today in the global financial community

Now, in this special edition of the classic investment book, The Alchemy of Finance, Soros presents a theoretical and practical account of current financial trends and a new paradigm by which to understand the financial market today

This edition's expanded and revised Introduction details Soros's innovative investment practices along with his views of the world and world order

He also describes a new paradigm for the "theory of reflexivity" which underlies his unique investment strategies

Filled with expert advice and valuable business lessons, The Alchemy of Finance reveals the timeless principles of an investing legend

This special edition will feature a new chapter by Soros on the secrets of his success and a new Foreword by the Honorable Paul Volcker, former Chairman of the Federal Reserve

George Soros (New York, NY) is President of Soros Fund Management and Chief Investment Advisor to Quantum Fund N.V., a $12 billion international investment fund

Besides his numerous ventures in finance, Soros is also extremely active in the worlds of education, culture, and economic aid and development through his Open Society Fund and the Soros Foundation