John Brewer: Twelve years after publication this remains an one of the better accounts of how hedge funds were conceived and the consequences - positive and negative - of their "business". The 55 pages of detailed endnotes reference interviews with key personalities. One glaring omission, however, is the failed August 1998 attack on the Hong Kong currency peg which is well-documented and of which Barton Biggs wrote, "When the hedge funds become a pack and attack a country the way they attacked Hong Kong, they are engaged in destabilising and essential immoral activity." See Joseph Yam's "Defending Hong Kong's Monetary Stability" speech at TDC Networking Luncheon, Singapore on 14 October 1998.
United Kingdom on Jun 29, 2022
Felix:
Ich habe schon viele gute Finanzbücher gelesen - dieses kommt in meine Hall of Fame! Liest sich sehr gut und sehr spannend, dabei von den Anfängern der Hedgefonds bis in die Gegenwert alle namhaften Akteure vertreten. Inhaltlich und vom Stil her ähnlich spannend und informativ wie "The greates Trade Ever" von Gregory Zuckerman oder "When Genius Failed" von Rodger Lowenstein, natürlich nicht ganz so tief in den einzelnen Geschichten drin, aber man lernt definitiv wieder dazu. Und vor allem liest es sich sehr angenehm, alles knackig auf den Punkt ohne Längen.
Absolut zu empfehlen!
Germany on Dec 02, 2021
Misael: Buen producto
Mexico on Mar 09, 2021
Andrea C: Per chiunque fosse interessato ad approfondire l'approccio agli investimenti di alcuni tra i gestori di fondi hedge più importanti di sempre. Le note molto dettagliate rimandano a moltissimi altri testi e articoli. Lo rileggerei volentieri se non fossi preso proprio dallo studio delle note!
Italy on May 26, 2020
Bill Dahl:
This is the magnum opus on the hedge fund industry. As other hedge fund related books seek to either vilify the industry or brazenly praise the uncanny good fortunes industry insiders - this book does neither - which I found refreshing and a strategic positioning of this work from "the rest."
Sebastian Mallaby is currently the Paul Volcker Senior Fellow for International Economics at the Council on Foreign Relations. He's also a columnist at the WA Post and spent over a decade with The Economist responsible for international finance coverage - serving a bureau chief in Washington, Japan and southern Africa. He is the author of several noteworthy books on the political economy.
This work is an epic contribution to the historical evolution of certain financial products and the global industry(s) spawned therefrom in primarily, the western world. Welcome to the hedge fund industry, including an amazing cast of characters, their thought processes, training, relationships and the outcome of their work - The Making of A New Elite - with More Money Than God.
Admittedly, it is rare for me to dedicate myself to the reading of 400+ pages contained in...
United States on Nov 24, 2010
Etienne RP:
Sebastian Mallaby, a former correspondent for The Economist magazine, is clear on where he stands on the issue of hedge funds regulation. He is against it. With the possible exception of a few systemically significant funds, he thinks regulation would bring more harm than good, and that there are more pressing concerns for fixing the global financial system. Not that hedge funds are a sideshow. Mind you, they manage close to two trillion dollars, and their management style and compensation practices tend to define the zeitgeist on the trading floors of financial institutions. Hedge funds are cool: as Mallaby shows, they are definitely the place to be for smart people bent on making serious money, or for those with the ambition to rewrite the rules of financial theory.
Hedge funds are defined by four characteristics: they stay under the radar screen of regulatory authorities; they charge a performance fee; they are partially isolated from general market swings; and they use leverage to take short and long positions on markets. Most importantly, in a financial system riddled with conflicts of interests and skewed incentives, hedge funds get their incentives...
United States on Jun 26, 2010
Uncovering the Financial Elite: An In-Depth Look at Hedge Funds and How They Create New Wealth | A Comprehensive Guide to Day Trading for Beginners: Learn the Tools and Tactics for a Profitable Living | The University of Berkshire Hathaway: 30 Years of Investing Wisdom from Warren Buffett & Charlie Munger | |
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B2B Rating |
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98
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95
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Sale off | |||
Total Reviews | 20 reviews | 1 reviews | 154 reviews |
Company Business Profiles (Books) | Company Business Profiles | ||
ISBN-13 | 978-1594202551 | 979-8702452043 | 978-0998406213 |
Customer Reviews | 4.6 4.6 out of 5 stars 1,346 ratings var dpAcrHasRegisteredArcLinkClickAction; P.when.execute { if { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative { if { ue.count || 0) + 1); } } ); } }); P.when.execute { A.declarative{ if { ue.count || 0) + 1); } }); }); | 4.6 4.6 out of 5 stars 17,060 ratings var dpAcrHasRegisteredArcLinkClickAction; P.when.execute { if { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative { if { ue.count || 0) + 1); } } ); } }); P.when.execute { A.declarative{ if { ue.count || 0) + 1); } }); }); | 4.5 4.5 out of 5 stars 2,918 ratings var dpAcrHasRegisteredArcLinkClickAction; P.when.execute { if { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative { if { ue.count || 0) + 1); } } ); } }); P.when.execute { A.declarative{ if { ue.count || 0) + 1); } }); }); |
Dimensions | 6.5 x 1.25 x 9.5 inches | 6 x 1.05 x 9 inches | 6.2 x 1.1 x 9.1 inches |
Best Sellers Rank | #105 in Mutual Funds Investing #741 in Company Business Profiles #864 in Economic History | #19,701 in Business & Money | #61 in Mutual Funds Investing #232 in Wealth Management #369 in Stock Market Investing |
ISBN-10 | 1594202559 | 099840621X | |
Item Weight | 1.8 pounds | 1.59 pounds | 1.35 pounds |
Publisher | Penguin Press | Independently published | Pecaut and Company |
Economic History (Books) | Economic History | ||
Mutual Funds Investing (Books) | Mutual Funds Investing | Mutual Funds Investing | |
Language | English | English | English |
Hardcover | 496 pages | 382 pages | 378 pages |
Dhruva Somayaji: In his book "More Money Than God: Hedge Funds and the Making of a New Elite," Sebastian Mallaby tells the story of the rise of hedge funds, from their humble beginnings in the 1950s to their current status as one of the most powerful forces in the global financial system. Mallaby provides a fascinating account of the personalities and strategies that have made hedge funds so successful, and he also explores the implications of their growing power for the economy and society as a whole.
This book is like a financial buffet, serving up a tantalizing blend of outrageous stories, mind-boggling wealth, and brilliant insights that will leave you simultaneously amazed and mesmerized.
Mallaby effortlessly weaves together the Wall Street titans and hedge fund wizards, taking us on a journey that parts thrilling and absurd. He delves into the secret strategies and questionable ethics of these money-munching moguls, revealing the distorted reality of a world where billions are made or lost in the blink of an eye.
But what sets "More Money Than God" apart is its witty narration, blending a humorous tone with deep insights into the workings of the...
India on Aug 06, 2023