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George Soros, The Alchemy of Finance (full version).
Refunds: 2
Uploaded: 17.11.2004
Content: 41117203908520._____.________________.rar 530,19 kB
Product description
Four hundred and seventy-three million to one. These were the chances of George Soros out to achieve investment performance, which he achieved as a manager of the Quantum Fund in the period from 1968 to 1993. The result of its investment activities is the most impeccable refutation of the hypothesis of random walk!
Like the traders to have come of age in the late 'seventies crazy "in the eighties. Alchemy of Finance was something revolutionary book. Remember, this was a period when investment is firmly held fashion indexing and following the general trend. This was a period when technical analysis (the study of price movements as a forecasting tool) reached its peak. Stockbrokers my generation armed with spreadsheets and computer graphics, which predicted the future price movement. We spent day after day in front of screens, hypnotized by their flickering and constantly changing stream of digits in deafening cacophony of information overload. With the possible exception of the Elliott wave theory, intellectual approach to understanding the progress of social, political and economic events had been largely forgotten and lost the desire simply to feel all party accelerates the process.
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