The Alchemy of Finance

Front Cover
John Wiley & Sons, Jun 15, 2015 - Business & Economics - 416 pages

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.

 

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LibraryThing Review

User Review  - nealbozeman - LibraryThing

Although riddled with trite social commentary, Soro's concept of Reflexology in financial markets is fascinating and well developed in this book. Read full review

The alchemy of finance: reading the mind of the market

User Review  - Not Available - Book Verdict

Soros, manager of the billion dollar Quantum Fund, certainly has credentials that merit attention to his personal approach to money management. As might be expected, he describes his so-called "theory ... Read full review

Contents

Part Three
12
Reflexivity in the Stock Market
49
Reflexivity in the Currency Market
73
The International Debt Problem
95
Reagans Imperial Circle
115
The Oligopolarization of America
133
August 1985
145
August 1985December 1985
153
November 1986
295
EVALUATION
307
The Quandаry of the Social Sciences
317
Free Markets Versus Regulation
325
Toward an International Central Bank
333
The Paradox of Systemic Reform
351
Epilogue
371
Notes
377

January 1986July 1986
201
July 1986November 1986
241

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About the author (2015)

George Soros is unquestionably the most powerful and profitable investor in the world today. Dubbed by BusinessWeek as "The Man Who Moves Markets," Soros once made a billion dollars by betting that the British pound would be devalued. Soros is not merely a man of finance, but a thinker to reckon with as well. In The Alchemy of Finance, this extraordinary man reveals the investment strategies that have made him "a superstar among money managers"(The New York Times).

GEORGE SOROS is Chairman of Soros Fund Management, which serves as the principal investment advisor to the multibillion-dollar Quantum Group of Funds. Soros's flagship, Quantum Fund, is recognized as the most successful investment fund ever, returning an average 31 percent annually for more than thirty years. Soros has been an important philanthropist since 1979. His charitable foundations are active in more than fifty countries and spend nearly half a billion dollars each year to support projects in education, public health, civil society development, human rights, and many other areas.

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