The Crash of 2008 and What It Means: The New Paradigm for Financial Markets Audiobook (Unabridged)

" Soros writes about his theory of reflexivity and the credit bubble. I found it arcane at times. He does little to explain his theory or why the credit markets collapsed in an understandable way. "

" George, I'll just take your word for it. If you invested $10,000USD with George Soros when he started his hedge fund in the late 60's and stayed with him into the late '00's when he closed it, your payout would have been $43,000,000. Suffice to say Soros knows what he is talking about when it comes to investing. Unfortunately, you'll need to be similarly intellectually endowed to grasp his ideas. Soros covers his concept of reflexivity first as an abstract philosophical framework and later as a driver of the current global "Great Recession". In neither instance are the thoughts easy to grasp. Are his insights glimmering brilliance? Readers without advanced degrees in economics, or potentially philosophy, will need to take his Warren Buffet-level money management performance as proof enough. In short, buy the book and leave it where your clients can see it and read something more accessible. "

" Soros tells what it is to be human. The description and quantification of risk urgently needs to be improved (pg 74). Politics is more concerned with the oursuit of power rather than the pursuit of truth (pg. 44). But HOW, given the spread of intelligence in the population, are we to achieve, "an electorate that insists on certain standards of truth and honesty"? But how can even that solve the problem, in a world where the very, very, rich operate statelessly? "

" a timely reading. one guy, billionaire, who came out of retirement, want to embrace recession, and make money out of it. "

" Well written and insightful on the global market. Addresses some tough issues as well as personal, corporate, and governmental responsibilities. "

" I like Soros. He definitely has a good understanding of economics and the current (and future) trends. "

" 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! "

" Interesting, but not exactly revolutionary. Manages to drag out one concept into a full book - could've been summarized into 50 pages really... "

" This is a great book. It predicted the continuing financial crisis of 2008. It's a great read if you're interested in finance or economics. "

" This book started off strongly, however, it was highly repetitive and I lost interest in his theory by the time he got around to the practice. "

" A book chock full of ideas. I reread my notes to my copy and realized how the book is brimming with ideas and inspires critical thought. "

" Soros imponeer ikke. Hans teori er i nogen grad inkonsistent, selvom han dog leverer en fin kritik af teorien om rationelle forventninger. "

" An interesting theory that could have been expressed in about 5 pages ... waste of time generally "

" He got a lot of stuff right. It was pretty interesting. "

" very interesting but way too depressing "

" He has some interesting ideas but the book is a bit of a train wreck. "

" alright, but doesn't shed much light on the mess we are in. "

" This is a good synopsis of the current financial crisis and an easy read. Disregard the chapters on Soros' philosophy. He doesn't have the mathematics to back up what he proposes. Thus, while interesting, it isn't very useful. "

" Interesting thoughts about the recent economic situation. Some odd dabblings with philosophy mixed in, but the rest of the book is good stuff. "

" I really liked Soros's philosophical paradigm of reflexivity and how he applied it to frame the current financial crisis. Not sure I'm 100% on board with the details, but it certainly seems like a logical framework. "

" Interesting thoughts about the recent economic situation. Some odd dabblings with philosophy mixed in, but the rest of the book is good stuff. "

" I like the way he writes, he makes me love even more economy and financial markets. Everything seems so simple that you can goo too much deeple into it. "

" Market fundamentalism is based on incomplete information, market participants try to manipulate the market. Reflexive processes can causes equilibrium to shift "

" He has some interesting ideas but the book is a bit of a train wreck. "

" I like Soros. He definitely has a good understanding of economics and the current (and future) trends. "

" This is a good synopsis of the current financial crisis and an easy read. Disregard the chapters on Soros' philosophy. He doesn't have the mathematics to back up what he proposes. Thus, while interesting, it isn't very useful. "

" I thought it was very vague. It barely mentions anything about the governments involvement with Fannie Mae and Freddie Mac. He talks about new regulations for his new utopian open society. "

" Good reference of the financial crises. "

" He tries really hard to sell his own economic theory. Felt a bit like reading a professors text book. "

" I think the history of the credit crunch is pretty good, but not unique. The theoretical component -- reflexology -- could, perhaps, use some cognitive science reading. It turns out there is a science of making decisions. Who knew. "

" a timely reading. one guy, billionaire, who came out of retirement, want to embrace recession, and make money out of it. "

" I really liked Soros's philosophical paradigm of reflexivity and how he applied it to frame the current financial crisis. Not sure I'm 100% on board with the details, but it certainly seems like a logical framework. "