What's a good finance book?

Is "The Alchemy of Finance" a good book for investors?

• George Soros has probably the best long-term investment track record for a hedge-fund manager. He has written a couple of books. Some have pointed to "The Alchemy of Finance" as his finest for investment purposes. Stanley Druckenmiller (another investing legend) reportedly went to work for George Soros after reading the book. I honestly admit that despite having years of experience, this book is beyond me. Can fellow Quorans who have attempted to read this book share their thoughts? In what ways is this book an investment classic?

• Answer:

  No it isn't  . The book is not readable for a normal guy who hates jargons, economics, money supply and macro-stuff. I get the basics of what Soros says in the first few pages- "Theory of Reflexivity". It may be a good book to understand the currency markets and is also an excellent history book. I think Soros is an extraordinary individual and has a fine acumen of international markets, monetary policy etc. However, I am an investor and like to focus on books that help me how to pick stocks. I have a long list of books which I want to read most of which are related to value investing. I have attempted reading "The Alchemy of Finance" at least 4 times and have covered close to 50-60% of the book. I gave up a couple of years back as I started focusing more on the aspects related to a company rather than macro-economic factors.