| Title | : | Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives (Financial Times Series) |
| Author | : | |
| Rating | : | |
| ISBN | : | 0273778366 |
| ISBN-10 | : | 9780273778363 |
| Language | : | English |
| Format Type | : | Kindle Edition |
| Number of Pages | : | 359 |
| Publication | : | Published February 5, 2014 |
`...a distinctly timely book... Traders, Guns & Money tries to reach out to the mathematically challenged to explain how the world of derivatives "really" works.' Gillian Tett, Financial Times
`...a scalpel of a book that pulls back the skin on the derivatives and risk management industry to expose the blood, guts and circulatory system underneath...'Nina Mehta, Financial Engineering News
`... a beginner's guide to the often unsavoury and murky world of trading ... a surprisingly gripping account...'Money Week
`... more rivetting than The Da Vinci Code ... in the mould of Liar's Poker ... an insider's account of how derivatives markets work...' Goola Warden, The Edge, Singapore
`The sexier side of finance ... at last... a convincing picture of what life is like in today's modern financial industry.' Corporate Financier
`... a page-turning quality more reminiscent of a John Grisham novel.' JASSA, Finsia
Traders, Guns & Money is a wickedly comic expose of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people's money.
A sensational insider's view of the business of trading and marketing derivatives, this revised edition explains the frighteningly central role that derivatives and financial products played in the global financial crisis.
`...a scalpel of a book that pulls back the skin on the derivatives and risk management industry to expose the blood, guts and circulatory system underneath...'Nina Mehta, Financial Engineering News
`... a beginner's guide to the often unsavoury and murky world of trading ... a surprisingly gripping account...'Money Week
`... more rivetting than The Da Vinci Code ... in the mould of Liar's Poker ... an insider's account of how derivatives markets work...' Goola Warden, The Edge, Singapore
`The sexier side of finance ... at last... a convincing picture of what life is like in today's modern financial industry.' Corporate Financier
`... a page-turning quality more reminiscent of a John Grisham novel.' JASSA, Finsia
Traders, Guns & Money is a wickedly comic expose of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people's money.
A sensational insider's view of the business of trading and marketing derivatives, this revised edition explains the frighteningly central role that derivatives and financial products played in the global financial crisis.
Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives (Financial Times Series) Reviews
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It's an easy and humorous read on the excesses of the financial industry over the past decades.
Along the way, you can expect to learn how many derivatives instruments are structured - from interest rates swaps to credit derivatives, which caused (in great part) the financial crisis in 2008.
I find it a great accomplishment to be able to teach such products while keeping me entertained with the many stories backing it up.
