Like a 21st century physicist, George Soros is looking for the universal theory, the theory of everything. In Soros on Soros, he tries to express his vision of that theory, that one formula that will link his insights into markets, group dynamics and the historic and political evolution of mankind. While he never succeeds, you’ll get a full education in Soros-think as you watch him lurch through a series of anecdotes, observations and philosophic lunges. Soros is an investor and self-proclaimed failed-philosopher, not a wordsmith. The power of this book lies in its ideas, not its art. He has learned from his role as the world’s most powerful investor that mere thoughts - whether correct or incorrect - can move markets, motivate people to action and alter the course of history. For that reason, getAbstract recommends this book to all investors, executives and students. After a series of financial defeats since 1998, Soros might not be what Soros was, but his ideas and beliefs still sway markets and shade international policy in a manner that few people on the planet can match.
In this summary, you will learn
- Why market trends are self-sustaining;
- hy the “open society” is the best way to ensure freedom and individual choices; and
- Why the U.S. stock market and election process suffer from a lack of fundamental values.
About the Authors
Investor and philanthropist George Soros runs Soros Fund Management, which is the principal advisor to the Quantum Group of Funds. For its first 26 years, Quantum Fund NV had the best performance of any investment fund in the world. Soros has also established a network of foundations around the world to support major philanthropic efforts. His other books include The Alchemy of Finance, Opening the Soviet System, and Underwriting Democracy.