The Sages: Warren Buffett, George Soros, Paul Volcker, and the Maelstrom of Markets

The Sages Warren Buffett George Soros Paul Volcker and the Maelstrom of Markets 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 experienc

  • Title: The Sages: Warren Buffett, George Soros, Paul Volcker, and the Maelstrom of Markets
  • Author: Charles R. Morris
  • ISBN: 9781586487522
  • Page: 472
  • Format: Hardcover
  • 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 is the reader of shifting global tides in trade and currencies and Volcker is the regulator and governoThroughout 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 is the reader of shifting global tides in trade and currencies and Volcker is the regulator and governor, sheriff and clean up crew they have very much in common.All three men have than fifty years of deep involvement in markets All are skeptical of Wall Street frenzies They believe that markets tend to be right, but usually only over the medium term They have seen too many cycles of herd driven, emotion riding booms and busts to make their views hostage to the sweeping and simplistic assumptions of efficient markets models.With the benefit of his own deep understanding of markets and finance, Morris brilliantly analyzes the records of these men, distilling their wisdom and experience and argues for the importance of consistent values in navigating the treacherous terrain of today s globalized world.

    One thought on “The Sages: Warren Buffett, George Soros, Paul Volcker, and the Maelstrom of Markets”

    1. Exceedingly straightforward bios of the 3 business giants. Very little exposition is required about the book – Morris presents clear-cut medium-length biographical sketches of the greatest two contemporary American (where’s Carlos Slim’s bio?) investors and another on the government regulator Paul Volcker. He concludes with an essay that promises to synthesize the learnings from the three lives into a coherent whole but rather presents the tired to the point of exhaustion argument that eco [...]

    2. Short but dense and not for the layman. Good analysis of the dangers of strict adherence to "Chicago school monetarism" and "neo-Keynesesian" economics. I also enjoyed the contrasting styles of investing by George Soros and Warren Buffett which nevertheless resulted in similar successes. Paul Volckner's time at the Fed also demonstrated regulatory balance and foresight that might be termed "success." Morris does an excellent job demonstrating the common sense that Volker, Soros, and Buffett appl [...]

    3. Pretty good outline of biographies of Warren Buffet, George Soros, Paul Volcker.I like the author's conclusion of the book

    4. I liked it because it was a short little bio on each of them. It could be a little confusing with all the financial terminology but I still enjoyed it. I got it bc of Mr. Buffett but enjoyed learning about the others. I would recommend this as a book you check out at the library instead of spending money on it.

    5. V ery insightfulk views by three financial sages about how the world economy got to where it is. In here, Buffett overs three sage principals to govern investing: Don't invest in what you don't understand, don't take advice from those that get rich investing other's money and go for moderate growth - it's sustainable

    6. A churned out book as simple as a senior thesis. Subjects are lauded as virtually flawless; economics is treated as a joke. Not enough substance to back up any of these points. But you will learn a little something about each figure, so the book as some value as a quick read.

    7. Enjoyed the book, although this is one I should have read in hard copy rather than an audio book, due to the complexity of the financial jargon.

    Leave a Reply

    Your email address will not be published. Required fields are marked *