The Alchemy of Finance: Reading the Mind of the Market 
"The Alchemy joins Reminiscences of a Stock Operator as a timeless instructional guide of the marketplace." â Paul Tudor Jones from the Foreword
"An extraordinary . . . inside look into the decision-making process of the most successful money manager of our time. Fantastic."â The Wall Street Journal
"A breathtakingly brilliant book. Soros is one of the core of masters . . . who can actually begin to digest the astonishing complexity . . . of the game of finance in recent years."â Esquire
"A seminal investment book . . . it should be read, underlined, and thought about page-by-page, concept-by-idea. . . . He's the best pure investor ever . . . probably the finest analyst of the world in our time." â Barton M. Biggs, Morgan Stanley
George Soros is unquestionably the most powerful and profitable investor in the world today. Dubbed by BusinessWeek as "The Man Who Moves Markets," Soros has made a billion dollars going up against the British pound. Soros is not merely a man of finance, but a thinker to reckon with as well. Now, in The Alchemy of Finance, this extraordinary man reveals the investment strategies that have made him "a superstar among money managers" (The New York Times).
Reviews
It is critical to understand the significant role the size of markets play in the present day world as to how markets are driving the shape of events rather than focusing searching only the events that would drive markets.
Do not expect any recipes of magic that would turn stale ideas into profit machines here though. Instead be ready to be soaked in a process of thought that applies to not just markets but well in anticipating the outcomes of the human struggle for furthering competitive excellence.
Most, if not all of Soros' great trading coups seem to come from carefully constructed manipulations or runs on markets. Often, his genius has been the interpretation of the desires or intentions of major regulators (Treasury Secretary, Fed Chairman, other central bankers). One suspects this has not been accomplished without cooperation among fund managers and the regulators themselves.
Soros' political and financial pronouncements and policies all seem geared towards generating profits -- he is highly skilled at talking his positions. Lately, though, his dollar short, along with Buffet and others, has been a disaster, suggesting that, absent the unethical cooperation of a Robert Rubin, Soros' crystal ball begins to cloud over. Perhaps that was why he was so anxious to see a Democrat back in office.
His last book, "The Bubble of American Supremacy" was barely literate. He should stick to currency manipultions with his friends around the world, and leave politics and psychiatry to the pros. His theory of "reflexivity" is nothing more than the explanation of markets as subject to mass psychology -- work that others have done better, but perhaps not applied so larcenously.
It is enough to grind billions out of the markets through questionable methods. Why does Mr. Soros feel compelled to be accepted as a genius or some sort of genuine philantropist? His greed seems unlimited in every field. \
