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<book id="369708">
  <title><![CDATA[The Alchemy of Finance (Wiley Investment Classics)]]></title>
  <isbn><![CDATA[0471445495]]></isbn>
  <isbn13><![CDATA[9780471445494]]></isbn13>
    <image_url>http://photo.goodreads.com/books/1174194324m/369708.jpg</image_url>
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  <best_book_id type="integer">369708</best_book_id>
  <books_count type="integer">2</books_count>
  <default_description>New chapter by Soros on the secrets to his success along with a new Preface and Introduction.&lt;br&gt;   New Foreword by renowned economist Paul Volcker&lt;br&gt;   &quot;An extraordinary . . . inside look into the decision-making process of the most successful money manager of our time. Fantastic.&quot; -The Wall Street Journal&lt;br&gt;   George Soros is unquestionably one of the most powerful and profitable investors in the world today. Dubbed by BusinessWeek as &quot;the Man who Moves Markets,&quot; Soros made a fortune competing with the British pound and remains active today in the global financial community. Now, in this special edition of the classic investment book, The Alchemy of Finance, Soros presents a theoretical and practical account of current financial trends and a new paradigm by which to understand the financial market today. This edition's expanded and revised Introduction details Soros's innovative investment practices along with his views of the world and world order. He also describes a new paradigm for the &quot;theory of reflexivity&quot; which underlies his unique investment strategies. Filled with expert advice and valuable business lessons, The Alchemy of Finance reveals the timeless principles of an investing legend.&lt;br&gt;   This special edition will feature a new chapter by Soros on the secrets of his success and a new Foreword by the Honorable Paul Volcker, former Chairman of the Federal Reserve.&lt;br&gt;   George Soros (New York, NY) is President of Soros Fund Management and Chief Investment Advisor to Quantum Fund N.V., a $12 billion international investment fund. Besides his numerous ventures in finance, Soros is also extremely active in the worlds of education, culture, and economic aid and development through his Open Society Fund and the Soros Foundation.</default_description>
  <id type="integer">359685</id>
  <media_type nil="true"></media_type>
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  <original_publication_day type="integer" nil="true"></original_publication_day>
  <original_publication_month type="integer" nil="true"></original_publication_month>
  <original_publication_year type="integer">1988</original_publication_year>
  <original_title>The Alchemy of Finance (Wiley Investment Classics)</original_title>
  <rating_dist>total:56|5:9|4:18|3:17|2:8|1:4|</rating_dist>
  <ratings_count type="integer">56</ratings_count>
  <ratings_sum type="integer">188</ratings_sum>
  <reviews_count type="integer">112</reviews_count>
  <text_reviews_count type="integer">10</text_reviews_count>
</work>

  <average_rating><![CDATA[3.36]]></average_rating>
  <ratings_count><![CDATA[56]]></ratings_count>
  <text_reviews_count><![CDATA[10]]></text_reviews_count>
  <url><![CDATA[http://www.goodreads.com/book/show/369708.The_Alchemy_of_Finance]]></url>
  <authors>
        <author id="309021">
      <name><![CDATA[Paul A. Volcker]]></name>
      <role><![CDATA[]]></role>
      <url><![CDATA[http://www.goodreads.com/author/show/309021.Paul_A_Volcker]]></url>
      <average_rating><![CDATA[3.48]]></average_rating>
      <ratings_count><![CDATA[61]]></ratings_count>
      <text_reviews_count><![CDATA[13]]></text_reviews_count>
    </author>
        <author id="76751">
      <name><![CDATA[George Soros]]></name>
      <role><![CDATA[]]></role>
      <url><![CDATA[http://www.goodreads.com/author/show/76751.George_Soros]]></url>
      <average_rating><![CDATA[3.26]]></average_rating>
      <ratings_count><![CDATA[385]]></ratings_count>
      <text_reviews_count><![CDATA[93]]></text_reviews_count>
    </author>
      </authors>
    <reviews start="1" end="20" total="112">
    <review id="49426991">
    <user id="1286413">
    <name><![CDATA[Rob]]></name>
    <location><![CDATA[Chandler, AZ]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1286413-rob]]></url>
  </user>
      <rating>3</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Wed Mar 25 00:00:00 -0700 2009</read_at>
  <date_added>Mon Mar 16 06:43:46 -0700 2009</date_added>
  <date_updated>Thu Mar 26 06:42:25 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[I just finished listening to this the first time.  I'll most likely listen to it again to further learn from Soros.  I see him as an important investment leader to understand and I see much more right than wrong in his predictions of the current financial market. ]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/49426991]]></url>
</review>
    <review id="72013098">
    <user id="2704273">
    <name><![CDATA[Drew]]></name>
    <location><![CDATA[Southlake, TX]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/2704273-drew-johnson]]></url>
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      <rating>2</rating>
  <votes>0</votes>
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  <read_at>Sun Jul 20 00:00:00 -0700 1997</read_at>
  <date_added>Mon Sep 21 12:14:40 -0700 2009</date_added>
  <date_updated>Mon Sep 21 12:16:32 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Poor writing mediocre insight on macro economics and nothing on micro/company level economics ]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/72013098]]></url>
</review>
    <review id="44698617">
    <user id="1967680">
    <name><![CDATA[Ming]]></name>
    <location><![CDATA[]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1967680-ming]]></url>
  </user>
      <rating>4</rating>
  <votes>0</votes>
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  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sat Jan 01 00:00:00 -0800 2005</read_at>
  <date_added>Wed Jan 28 17:20:05 -0800 2009</date_added>
  <date_updated>Wed Jan 28 17:20:17 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[One of the first book i ever read in finance... very powerful]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/44698617]]></url>
</review>
    <review id="11747968">
    <user id="353993">
    <name><![CDATA[John]]></name>
    <location><![CDATA[Singapore, Singapore]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/353993-john]]></url>
  </user>
      <rating>0</rating>
  <votes>0</votes>
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  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Fri Apr 25 17:10:32 -0700 2008</read_at>
  <date_added>Sat Jan 05 18:47:28 -0800 2008</date_added>
  <date_updated>Sat Jan 05 18:49:48 -0800 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Pretty deep stuff .. but more of a philosophy treatise than a dry finance text ... the title is the giveaway .. Alchemy means that finance and market are a strange irrational science .. forget the fundamentals ... even though GS is routinely vilified by many fellow conservatives for his political le...<a href="http://www.goodreads.com/review/show/11747968">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/11747968]]></url>
</review>
    <review id="19332353">
    <user id="21136">
    <name><![CDATA[Arthur]]></name>
    <location><![CDATA[Long Beach, CA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/21136-arthur]]></url>
  </user>
      <rating>0</rating>
  <votes>0</votes>
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  <read_at></read_at>
  <date_added>Wed Apr 02 18:30:14 -0700 2008</date_added>
  <date_updated>Wed Apr 02 18:34:00 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Hard to understand from the intial pages since Soros does not do a good job of laying out the principle thesis. However I like what he says about the &quot;participant afffecting outcome&quot;. This turns the theory of the anthropologists and &quot;objective&quot; minded scholars on it's face. Nothi...<a href="http://www.goodreads.com/review/show/19332353">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/19332353]]></url>
</review>
    <review id="14654322">
    <user id="253443">
    <name><![CDATA[Kulveer]]></name>
    <location><![CDATA[The United States]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/253443-kulveer]]></url>
  </user>
      <rating>1</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Thu Jan 01 00:00:00 -0800 2004</read_at>
  <date_added>Tue Feb 05 14:17:32 -0800 2008</date_added>
  <date_updated>Tue Feb 05 14:22:23 -0800 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[His real-time documenting of his trades makes for an interesting read, but overall I couldn't finish this book because I'm not that interested in finance. <br/><br/>His 'markets are reflexive' theory is an easy lesson to learn and you don't need the whole book to teach you that. Still, if I ever g...<a href="http://www.goodreads.com/review/show/14654322">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/14654322]]></url>
</review>
    <review id="16399604">
    <user id="84911">
    <name><![CDATA[Raylene]]></name>
    <location><![CDATA[New York, NY]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/84911-raylene]]></url>
  </user>
      <rating>3</rating>
  <votes>0</votes>
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  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Tue Jan 01 00:00:00 -0800 2008</read_at>
  <date_added>Tue Feb 26 06:34:13 -0800 2008</date_added>
  <date_updated>Tue Feb 26 06:37:42 -0800 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[So I thought I could tap into Soros' genius by reading this book...but my cursory knowledge of finance could not keep me afloat through a complicated discussion of his perspective.  I didn't finish the book (it probably deserves more stars), but came away w/ some meditations on group behaviors.]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/16399604]]></url>
</review>
    <review id="39262340">
    <user id="77148">
    <name><![CDATA[srdjan]]></name>
    <location><![CDATA[The United States]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/77148-srdjan]]></url>
  </user>
      <rating>0</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Thu Jun 01 00:00:00 -0700 2006</read_at>
  <date_added>Wed Dec 03 22:31:26 -0800 2008</date_added>
  <date_updated>Sun Jan 11 22:19:09 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Read this over the summer in Belgrade (or possibly right before).  Dharma Bums was a good companion peice that made it accessible]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/39262340]]></url>
</review>
    <review id="12093273">
    <user id="759333">
    <name><![CDATA[Audrey]]></name>
    <location><![CDATA[Portland, OR]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/759333-audrey]]></url>
  </user>
      <rating>3</rating>
  <votes>0</votes>
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  <read_at></read_at>
  <date_added>Wed Jan 09 14:47:18 -0800 2008</date_added>
  <date_updated>Wed Jan 09 14:47:18 -0800 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Stock prices and trading is only loosely based on &quot;research&quot; but is more driven by a herd mentality.  Soros figured this out years before Game Theory was applied to the financial markets, and did well with that knowledge.  ]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/12093273]]></url>
</review>
    <review id="29590495">
    <user id="116847">
    <name><![CDATA[Nicolai]]></name>
    <location><![CDATA[Indonesia]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/116847-nicolai]]></url>
  </user>
      <rating>1</rating>
  <votes>0</votes>
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  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Wed Jan 01 00:00:00 -0800 1992</read_at>
  <date_added>Fri Aug 08 01:57:42 -0700 2008</date_added>
  <date_updated>Fri Aug 08 01:58:40 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[this was good until it got to the core ideas that underpin his philosoph and then i could not understand how his ideas mapped out.]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/29590495]]></url>
</review>
    <review id="78699298">
    <user id="2971319">
    <name><![CDATA[John]]></name>
    <location><![CDATA[San Jose, CA]]></location>        
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      <rating>4</rating>
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  <read_at></read_at>
  <date_added>Sun Nov 22 20:20:04 -0800 2009</date_added>
  <date_updated>Sun Nov 22 20:20:04 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/78699298]]></url>
</review>
    <review id="77938624">
    <user id="2947631">
    <name><![CDATA[Jeffrey]]></name>
    <location><![CDATA[Singapore, 00, Singapore]]></location>        
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      <rating>4</rating>
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  <read_at></read_at>
  <date_added>Mon Nov 16 03:54:41 -0800 2009</date_added>
  <date_updated>Mon Nov 16 03:54:41 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/77938624]]></url>
</review>
    <review id="77835759">
    <user id="2945611">
    <name><![CDATA[Christine]]></name>
    <location><![CDATA[Paris, A8, France]]></location>        
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  <read_at></read_at>
  <date_added>Sun Nov 15 06:00:51 -0800 2009</date_added>
  <date_updated>Sun Nov 15 06:00:51 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[]]></body>
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    <review id="75399964">
    <user id="2737132">
    <name><![CDATA[Patrick]]></name>
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  <date_added>Thu Oct 22 13:18:58 -0700 2009</date_added>
  <date_updated>Thu Oct 22 13:18:58 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/75399964]]></url>
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    <review id="75200112">
    <user id="1769474">
    <name><![CDATA[Pankaj]]></name>
    <location><![CDATA[The United States]]></location>        
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  <date_added>Tue Oct 20 20:22:26 -0700 2009</date_added>
  <date_updated>Tue Oct 20 20:22:26 -0700 2009</date_updated>
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    <body><![CDATA[]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/75200112]]></url>
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    <review id="75087185">
    <user id="2857600">
    <name><![CDATA[Oren]]></name>
    <location><![CDATA[The United States]]></location>        
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  <date_added>Mon Oct 19 20:27:31 -0700 2009</date_added>
  <date_updated>Mon Oct 19 20:27:31 -0700 2009</date_updated>
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    <body><![CDATA[]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/75087185]]></url>
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    <review id="74728590">
    <user id="37606">
    <name><![CDATA[Wendy]]></name>
    <location><![CDATA[Miami, FL]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/37606-wendy]]></url>
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  <read_at>Sun Jan 01 00:00:00 -0800 2006</read_at>
  <date_added>Fri Oct 16 09:21:06 -0700 2009</date_added>
  <date_updated>Fri Oct 16 09:21:20 -0700 2009</date_updated>
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    <body><![CDATA[]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/74728590]]></url>
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    <review id="72660010">
    <user id="2781196">
    <name><![CDATA[Jun]]></name>
    <location><![CDATA[The United States]]></location>        
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  <read_at></read_at>
  <date_added>Sun Sep 27 10:31:40 -0700 2009</date_added>
  <date_updated>Sun Sep 27 10:31:40 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[]]></body>
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    <review id="72434389">
    <user id="2494242">
    <name><![CDATA[Shane]]></name>
    <location><![CDATA[New York, NY]]></location>        
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  <read_at>Fri Feb 06 00:00:00 -0800 2009</read_at>
  <date_added>Fri Sep 25 05:17:58 -0700 2009</date_added>
  <date_updated>Fri Sep 25 05:18:26 -0700 2009</date_updated>
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