Ranboz

Two Book Reviews on Derivatives: George Soros and Satyajit Das

A agree with your reviews.

"Traders, Guns, and Money" was an excellent book to gain an understanding of expectations may be intentionally manipulated and how Robert Schiller's "Irrational Exuberance" may be caused. Dangerous are the unknown unknowns created by intentional opacity. Das continues to write very insightful articles.

George Soro's book was also insightful and I found his concept of "Reflexivity" to be valid. Reflexivity, also addressed by another name in "Irrational Exuberance", must be addressed if rational expectations are to be formed. Also, his mini-autobiography was fascinating.

Here's one more to consider: "The Panic of 1907".