Special Report on
The Alchemy of Finance
The Alchemy of Finance - Trends
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and was impressed by the fact that it has a Foreword to the second edition, a foreword to the First Edition, a new Preface, and a new Introduction. That's a lot of throat clearing. Getting to his big insight, he posits to key 2 assumptions to reflexivity: markets are biased in one direction or the other markets can influence what they predict Now, reflexivity is Soros's Big Idea , but I find it rather unexciting. Point #1 basically says markets are unbiased. Unless one can identify the characteristics of an upward bias, as in contrast to a downward bias, that is just a description of asset price fluctuations. That an ...
“The Alchemy of Finance joins Reminiscences of a Stock Operator as a timeless instructional guide of the marketplace.” ––Paul Tudor Jones From the Foreword to the First Edition “An extraordinary . . . inside look into the decision-making process of the most successful money manager of our time. Fantastic.” ––The Wall Street Journal “A breathtakingly brilliant book. Soros is one of the core of masters . . . who can actually begin to digest the astonishing complexity . . . of the game of finance in recent years.” ––Esquire “A seminal investment book ... Read More
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THE ALCHEMY OF FINANCE
Zeitgeist 2 : Addendum - Subtitles English / French
REFLEXIVITY AND FALLIBILITY - Part 01/13
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