A bestselling author examines the perspectives and principles of the three pillars of the financial world, as well as their judgements on the current crisis and the path to recovery. Throughout the violent financial disruptions of the past several years, three men have stood out as beacons of judgement 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 more than fifty years of deep involvement in markets. All are sceptical 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 analyses 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 globalised world.
About the Author
Charles R. Morris has written twelve books, including The Trillion Dollar Meltdown, a New York Times bestseller, The Cost of Good Intentions, one of the New York Times Best Books of 1980, The Coming Global Boom, a New York Times Notable Book of 1990, and The Tycoons, a Barron's Best Book of 2005. A Lawyer and former banker, Mr. Morris's articles and reviews have appeared in many publications including The Atlantic Monthly, the New York Times, and the Wall Street Journal.
Number Of Pages: 199
Published: 2nd July 2009
Dimensions (cm): 22.4 x 14.4 x 2.7
Weight (kg): 0.362