Kwon Oh-sang: New Financial Declaration

We need a new system of judgment that doesn't belong to the shell financial theory! Financial theory is actually simple. Three main reasons from financial experts are:. “The greater the risk, the higher the profit rate. “The financial risk is a shift in the rate of profit.”. “The price of the financial market is always right (and should be believed). The problem is these are not true. And yet, the pulpits teach and teach this. There are many things that are said to be true, as though they were true, even though it was irrational or wrong in finance. The miss Information, which is a mistake that is mistaken for mere mistakes or misconceptions, and the re-information of lies and false information that is intended to deceive. Misconceptions and false information are not just a personal matter. The bigger problem is that the system is using error and counter-information at the level of financial systems. The financial sectors claim that the financial theory they learned in school is a science without errors, but it's actually these who are responsible for the financial crisis. The book wants to be able to avoid deception by alerting us to errors and counter-informations in financial sectors. We're going to try and create a system that will replace existing financial theories. Financials are hard to be the object of absolute truth in terms of their attributes. You need to have a system that can reduce the error and you can actually use it to avoid falling into the trap where failure is waiting.

Korean title: 신 금융선언

Korean author: 권오상

Korean publisher: 들녘

ISBN-13: 9791159253270