©1987, 1994 by George Soros; Published by Arrangement with John Wiley & Sons, Inc.; (P)2000 by Penton Overseas, Inc. Published by Penton Overseas, Inc. and Audio Scholar, Inc.
"An extraordinary...inside look into the decision-making process of the most successful money manager of our time. Fantastic." (Wall Street Journal)
"Breathtakingly brilliant." (Esquire)
I am hoping that a second and third review of the text will enable me to draw out a clearer idea of how to apply Soros' wisdom. Maybe I am lacking this ability.
"Audible doesn't have full version"
This audible book is not the most recent version of the book and leaves out several entire chapters.
"Interesting but not new"
George Soros comes across as a pompous billionaire who lacks the technical skills required to express his grandiouse 'Theory of Reflexivity' in general terms. However, the book did provide an interesting view of George Soros' career and some of the manias and panics he has profited from over the last few decades.
The book 'Manias, Panics, and Crashes' by Charles Kindleberger covers the same material and is easier and more enjoyable to read.
Soros explains early on that the book will not explain how to make money in the stock market. This is quite true. As mentioned by others, he expounds on his Theory of Reflexivity, without really enlightening the reader. He states, for instance, that market movements cannot be studied scientifically, because the market movements themselves affect future movements and the observers are also participants (traders). Yet there are vast areas of studies (eg. Chaos theory, differential equations, dynamic systems analysis) that deal with just such topics and systems. None of these is explored or even mentioned. One quickly realizes that Soros lacks the scientific background to develop or even reasonably explain the vague generalities that comprise his "theory". Anyone with a passing interest in the functioning and movements of the stock market will not be enlightened by this tome.
Decent high level review of his Theory of Reflexivity, but not much beyond that. I expected to get more insight into the details of his approach to decision making. He's an interesting fellow who has had incredible financial success and he is trying to improve the world around us, but I felt that I wasted the time I spent listening to this book.
"Research paper for academicians"
Research paper for academicians is what this book is. I bought this book with an idea getting some insight into George Soros investment style, his failures, success and to understand his decision making process. What this book offers is an explanation of how the author thinks the market works and explains this in technical terms. Most of it went over my head. This is not for an average investor. Someone doing a research on financial markets could glean something meaningful from the book
"If you Don't Read It, Your are Behind"
Soros is a money maker and the man has his quirks, this makes the book worthwhile to read. The thought process of keeping your mind clear is the major lesson here along with some major points on international finance. To have an edge in investing or ideas over other people, you must be Original.
By managing your reflexivity, you can be a great investor and idea person. Key message keep your mind clear and avoid the fake news and infotainment.
If you like Nassim Taleb, you will like this book. Similar but Taleb is more witty and interesting.
It was a waste of precious time. It has no relevant information to help improve business sense for 2017.
The actual book is one of my all time favorites. This is just a few chapters from the beginning, and cuts out the "real-time experiment", a trading diary of the year Soros pulled a 120% return on a massive starting capital. Without these chapters, the book is a basic framework without any sense of how a framework is actually used in markets, so it sounds like a lot of babble. When you see Soros interpret real events, it starts to make a lot more sense. Bottom line: can someone please read the whole book??
"This book should come with a warning....."
I read a lot of business books, sales, marketing, leadership. I am familiar with modern business lingo and jargon. this stuff is deeper than the mariana trench.....it is philosophy, theoretical, and deep bulls hit really. if you are a young business man or women please don't waste your time here. if you are an old grey wrinkled academic that are not 'feet on the street' then have a listen but it bares very little relevance to what one must understand to get ahead.
"interesting read and ideas"
I liked it more than reviews said I would. not arrogant just honest worth checking out.
Report Inappropriate Content
If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.