The Sages

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

Regular Price $10.99

Regular Price $13.99 CAD

Regular Price $10.99

Regular Price $13.99 CAD

Also Available From:

Buy Now:

On Sale

Jun 9, 2009

Page Count

224 Pages

ISBN-13

9780786747412

Description

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 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 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.

Praise

Library Journal
“Morris’s succinct but insightful biographies and his provocative criticisms make this an informative and recommended choice for most general readers.”
BookPage
“A short, insightful biography of each of these eminently successful men.…. A very timely book with a compelling message for us all.”Paul Krugman, New York Times Book Review
"The Sages comes to life with its personal profiles, especially the surprisingly endearing portrait of Warren Buffett as a young man.”
Risk Professional
“Morris looks at…three of the biggest names in finance and the qualities that enabled them to maintain a clear-eyed perspective even as markets hurtled out of control.”
Read More Read Less