The Alchemy of Finance by George Soros, Paul A. Volcker

The Alchemy of Finance



Download The Alchemy of Finance




The Alchemy of Finance George Soros, Paul A. Volcker ebook
ISBN: 0471445495, 9780471445494
Page: 389
Format: pdf
Publisher: Wiley


Our five-page summary offers all the important details you should take-away. It was what he attempted to write his PhD on, but the theory was tested in the way he applied it to the financial markets. Babylon's Banksters: The Alchemy of Deep Physics, High Finance and Ancient Religion. Alchemy of Finance by George Soros. In The Alchemy of Finance, George Soros describes his theory of reflexivity. Note:This article is from books by George Soros. Gain a full understanding of the key business ideas in The Alchemy of Finance by George Soros. It is universally recognized that a key factor behind the financial crisis was the diffusion of collateralized debt obligations, which transformed lower-rated debt into highly rated debt. Viewed system-wide, therefore, collateral transformation really just represents a form of financial alchemy rather than financial engineering. In his book "The Alchemy of Finance," George Soros revealed his theory of "reflexivity," a major prong of his investment strategy.

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