Comments on: Book Reviews — The Alchemy of Finance, and Soros on Soros http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Sat, 31 Jul 2010 14:50:54 -0400 hourly 1 http://wordpress.org/?v=3.0 By: fred call http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/comment-page-1/#comment-20573 fred call Thu, 01 Jan 2009 17:51:51 +0000 http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/#comment-20573 My take on the instincts of economics: Einstein did not go to M.I.T. and Soros did not got to Harvard. Each man lived through Communism, Nazism and various brands of socialism to create a personal instinct for understanding physics and/or economy. Sometimes a formal education can hold back the most instinctual of minds..........fred call My take on the instincts of economics: Einstein did not go to M.I.T. and Soros did not got to Harvard.

Each man lived through Communism, Nazism and various brands of socialism to create a personal instinct for understanding physics and/or economy.

Sometimes a formal education can hold back the most instinctual of minds……….fred call

]]> By: Josh Stern http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/comment-page-1/#comment-17326 Josh Stern Wed, 26 Mar 2008 15:40:18 +0000 http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/#comment-17326 _Inside the House of Money_ by Drobny is a good book, which happens to include a lot of info about Soros vs. The Bank of England and why that worked out the way it did. _Inside the House of Money_ by Drobny is a good book, which happens to include a lot of info about Soros vs. The Bank of England and why that worked out the way it did.

]]> By: Alan Matthews The Dean of Dracut http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/comment-page-1/#comment-17325 Alan Matthews The Dean of Dracut Wed, 26 Mar 2008 01:54:35 +0000 http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/#comment-17325 This is the man who broke the bank of england in 1992 with his short. Although he was a genius I cannot admire what he did only learn from it. I won't step in poo twice. The Dean of Dracut Homework, homework, homework.... This is the man who broke the bank of england in 1992 with his short. Although he was a genius I cannot admire what he did only learn from it. I won’t step in poo twice.

The Dean of Dracut
Homework, homework, homework….

]]> By: Josh Stern http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/comment-page-1/#comment-17324 Josh Stern Tue, 25 Mar 2008 21:57:11 +0000 http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/#comment-17324 I went through a similar situation in grad school - my thesis advisor left the institution for a position in Europe, and I had no thesis committee. I thought about switching advisors (and should have) but it would have meant going from a situation of being funded with a stipend to taking $20K/year loans for however many extra years it would have taken to start over with different research. I somehow squeezed through with a Ph.D. in four years from a top school, learning a lot, and doing well on paper. But my time investment was essentially useless professionally, as I didn't wind up with good connections or even a post-degree inclination to continue in the same discipline. Young people who are interested in Ph.D. work should have it explained to them before they start that the main recipe for success is to find a padrone who they are personally comfortable with and who will diligently support their budding career in exchange for sweat equity and some degree of disciple duty. They should be told that if/until they find such a situation, they are better off investing their time in a different way. I went through a similar situation in grad school – my thesis advisor left the institution for a position in Europe, and I had no thesis committee. I thought about switching advisors (and should have) but it would have meant going from a situation of being funded with a stipend to taking $20K/year loans for however many extra years it would have taken to start over with different research. I somehow squeezed through with a Ph.D. in four years from a top school, learning a lot, and doing well on paper. But my time investment was essentially useless professionally, as I didn’t wind up with good connections or even a post-degree inclination to continue in the same discipline. Young people who are interested in Ph.D. work should have it explained to them before they start that the main recipe for success is to find a padrone who they are personally comfortable with and who will diligently support their budding career in exchange for sweat equity and some degree of disciple duty. They should be told that if/until they find such a situation, they are better off investing their time in a different way.

]]> By: flow5 http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/comment-page-1/#comment-17322 flow5 Tue, 25 Mar 2008 17:02:50 +0000 http://alephblog.com/2008/03/24/book-reviews-the-alchemy-of-finance-and-soros-on-soros/#comment-17322 Don't sweat it (Ph.D). Richard Dennis had an undergraduate degree in psychology. Don’t sweat it (Ph.D). Richard Dennis had an undergraduate degree in psychology.

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