One of the first books I read on the crisis. Particularly useful to understand what was going on was the simple way this author put the great scheme we were all victims of. Loved it!
A successful speculator wants to be a philosopher.
I borrowed this book because I want to see how Soros's explain and analyze the recent financial crisis with his theory on reflexivity. He has used a lot of philosophical theories and sociology jargons, making this book not an easy one to read....Continua
A quick snapshot of Soros' ideas of reflexivity and also his views on the current crisis. Good one.
This Book, The New Paradigm for Financial Market, I read it twice. This is my second time to read the book. The first time, I was studied in International Trade Class. I was assigned to write a thesis on "Why crisis still happening under globalization? Why globalization doesn’t share risk to the world?”. The conclusion is … … not important. (haha… if you interested you may go back to 2008/6 – 2008/8 blog article, I remember that I posted the summary of my finding. http://hk.myblog.yahoo.com/cfa-jacky) The point is the book is really interesting at first time when I read. (This is my first SOROS book. I have not read his first famous one “Finance Alchemy” yet.) This book brings me a new point of view of financial market – reflexivity. As I only got two weeks of time to complete my thesis, I read very roughly at that time. I read it again when I am free recently. I would like to say the book is quite boring. Beside reflexivity, the book only told about the past financial market history, things I already known. Maybe this is my second time of reading this, that why I feel very bored....Continua