Sages: Warren Buffett, George Soros, Paul Volcker, and the Maelstrom of Markets
Posted by jack_miller | Published a year ago
With 20 ratings
By: Charles R. Morris, Sean Runnette, et al.
Purchased At: $16.99
Throughout the violent financial disruptions of the past several years, three men have stood out as beacons of judgment and wisdom: Warren Buffett, George Soros, and Paul Volcker. Though their experiences and styles vary - Buffett is the canny stock-market investor, Soros the reader of shifting global tides in trade and currencies, Volcker the regulator and governor, sheriff and clean-up crew - they have very much in common.
All three men have more than 50 years of deepinvolvement in markets. All are skeptical of Wall Street frenzies. They believe that markets tend to be right, but usually only over the medium term. Today, all three are key economic advisors to President Obama.
With the benefit of his own deep understanding of markets and finance, Morris brilliantly analyzes the records of these men, distils their wisdom and experience, and argues for the importance of consistent values in navigating the treacherous terrain of today's globalized world.
having said that, i found biography on soros to be rather difficult to read, and boring.
story on volker was interesting. sotry on buffet was good.
i don't recommend this book if you're looking for investment ideas or such. but it's a god pastime book if you can understand what the heck the author is saying when he's talking about soros.