Three titans of finance predicted the current economic crisis several years ago, but their warnings went unheeded. A
New York Times best-selling author distills the wisdom of all three.
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 the reader of shifting global tides in trade and currencies, Volcker the regulator and governor, sheriff and clean-up crew - they have very much in common.
All three men have more than 50 years of deepinvolvement in markets. All are skeptical of Wall Street frenzies. They believe that markets tend to be right, but usually only over the medium term. Today, all three are key economic advisors to President Obama.
With the benefit of his own deep understanding of markets and finance, Morris brilliantly analyzes the records of these men, distils their wisdom and experience, and argues for the importance of consistent values in navigating the treacherous terrain of today's globalized world.
"Provocative... the first big book in the credit crunch saw the crisis coming three years ago." Economist "[B]oth thought-provoking for experts and a readable primer on events for the layperson." (
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