Top 8 Best Books of George Soros – George Soros is an established Hungarian-American investor who has witnessed decades of changes in the Global Economy. He commenced his career by taking various jobs in England as a Merchant banker before starting his hedge fund business. It was the success in this area that he further expanded his career as an Author and Philanthropist. Some the best books of George Soro are:
#1 – The Alchemy of Finance
This is regarded as one of the most powerful books of George Soro on finance and economics. It is recommended for:
- Fund Managers
- Serious Traders and Investors
- Policy makers
- Economists
- Banking Professionals
Key Takeaways from this Top book by George Soros
There is a clear description of his understanding of the World and markets through the “Theory of Reflexivity” and how his decision-making skills in trading operations always has an underlying belief about the potential outcome of events. There is usage of non-technical methods for forecasting the dynamic interplay and market participants. Some of the other interesting analyses are:
- Conglomerate Boom of the 1960’s
- REIT boom
- Abolition of Gold standard and its ramifications
- International debt and the cycle of lending using the Eurodollar market
#2 – Soros on Soros: Staying Ahead of the Curve
This books of George Soro is an interview-style narrative with some of the established names in the financial world. There is a beautiful connection between Personal experiences, political analysis and moral reflection to offer a complete picture to the global markets.
Key Takeaways from this Best book by George Soros
In describing the investment theories and investment strategies which have made Soros a “Superstar among money managers”, a fascinating story of the highly successful Soros Fund Management and its $12 billion flagship, Quantum Fund is described. The book also offers fresh insights into some of the most established victories and losses including the $1 billion made up against the British pound and the fortune he lost while making Speculations on the Yen. Additionally, there is also a take on Devaluation of Peso and International 1currency fluctuations.
Get this book >>#3 – The Crash of 2008 and What it Means: The New Paradigm for Financial Markets
Through his vast experience, George Soros has given a detailed description on the origin of the 2008 Financial Crisis. The theory on Reflexivity argues the actions taken by a market for understanding the market ability to understand the situation.
Key Takeaways from this Top book of George Soros
The book argues on the importance of market regulation and equality of information. These have been supported with a detailed history of actions for several of the past US crashes.
The final chapters provide recommendations of what the Global financial authorities should do to rectify the crash and steps undertaken in collaboration with other hedge fund managers.
Get this book >>#4 – George Soros On Globalization
This books of George Soro highlights various complex issues and situations which are plagued by globalisation and broken down to granular levels for readers to have a clearer understanding. Many of institutions have failed to keep pace with the growing economy and a new dimension is offered for bringing the economy back on track.
Key Takeaways from this Best George Soros Book
Soros has successfully expressed some intelligent advices on dealing with the financial aid to underdeveloped nations and conditions to be enforced by countries such as U.S. and Great Britain and the role of the IMF and World Bank. Overall, the book has focussed on a Capitalistic view and not a Socialist one.
Get this book >>#5 – Financial Turmoil in Europe and the United States
This books of George Soro takes the readers on a journey of real time economic policy work and experimentation. The current economic situation faced is not solely on the basis of economic forces but various policies which have been pursued/not pursued by the global leaders.
Key Takeaways from this Best book of George Soros
Specific to the 2008-09 financial crisis, Soros explores the domestic and international policy choices which could have prevented the implosion of Fannie Mae and Freddie Mac. Some of other highlights of this book are:
- Deploying measures to stem Global contagion from the Sub-prime crisis
- Alternative options on offering financial aid to the less developed nations
- Vitality on assisting the underdeveloped nations
- Structural problems of the European economic Management
#6 – The Age of Fallibility: Consequences of the War on Terror
Through this essay, Soros expresses his core views i.e. Democracy, Human rights and Open Society and his differences with President George Bush against whom he was in the 2003-04 elections.
Key Takeaways from this Best George Soros Book
It is insightful into a human fallibility which has been destroying the legislative processes. The political fallout of this intentional path is at hand such as polarisation of Muslim factions by Bush and how he could have held the Arab world to accountability with the developed nations helping them.
While Bush’s rhetoric may have caused substantial damage, Soros sinks into quasi conspiracy and sinister theories instead of recognising actions for what probably they are i.e. difficult actions based on imperfect information in an uncertain world in the aftermath of 09/11.
Get this book >>#7 – The Tragedy of the European Union
The European Union has collapsed massively in the last decade and if the downslide is not stopped, the member states may soon turn rivals. This will cause a global turmoil through serious political and economic consequences.
Key Takeaways from this Best book by George Soros
George Soros has offered vigorous commentaries on how the Euro crisis was not due to Integration of nations but a result of avoidable mistakes in Politics, Economics and Finance. He also stressed on the fact that there was excessive faith in self-regulation of financial markets which inspired flawed institutional structures calling out various reforms.
However, Soros has maintained faith on European Union as a model of open society which is a testament of his vision towards a Productive and Peaceful Europe.
Get this book >>#8 – The Soros Lectures: At the Central European University
This books of George Soro is a consolidation of 5 lectures which were delivered at the Central University of Budapest. The reflexivity hypothesis is laid out giving specific examples resulting in collective, subconscious creation and reinforcement of our individual realities. These lectures highlight a collection of Practical and Philosophical reflection.
Key Takeaways from this Top book by George Soros
The book includes:
- First 2 lectures specific to the general theory of reflexivity and its application to the financial markets. Sufficient highlights are also made to the various financial crises with his reasoning to the occurrence of such distressed situations.
- Third and Fourth lecture offers a detailed understanding on the concept of Open society through the philanthropic views of George Soros and the potential conflicts which can arise between an Open Society and Capitalism.
- The final lecture has its focus on the futuristic view with a close examination on the increasingly Political and Economic role which China will play in the future.
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This has been the list of Top Best Books of George Soros along with their key takeaways. If you wish to learn more about Investment Banking, you may refer the following books –
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