The Alchemy of Finance is one of the greatest financial books ever written. In this 1988 classic, George Soros developed his thesis of how finance and the markets operate and then tested his analytical framework in real life market circumstances. I have drawn heavily from Mr Soros' body of work in developing my global macro credit and markets analytical framework. In the spirit of The Alchemy, it is imperative to constantly challenge and test my thesis in the real world and be willing to adapt to ensure the framework is capturing real world dynamics. It is absolutely fundamental for theoretical concepts and analytical frameworks to be reality based.
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