The Alchemy of Finance
George Soros, Paul A. Volcker
The book presents Soros's theory of reflexivity, which explores the relationship between market participants' perceptions and the actual fundamentals of the financial market, arguing that these perceptions can influence and often distort the market. It also includes Soros's personal account of his experiences as a top-tier investor and his application of reflexivity to his investment strategies, providing insights into the functioning of financial markets and the mindset of a successful financier.
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