
More Money Than God: Hedge Funds and the Making 英文书(印刷品)
¥55.00定价:¥84.00 (6.55折)

More Money Than God: Hedge Funds and the Making of a New Eli
From Publishers Weekly Journalist Mallaby ( The World's Banker ) gives unusuallylucid explanations of hedge funds and their balancing of long andshort positions with complex derivatives, but what really entranceshim is their freedom from regulation, high leverage, and outsizedperformance incentives. In his telling, they empower a heroic breedof fund managers whose inspired stock picking, currency trading,and futures contracting outsmart the efficient market. Inengrossing accounts of epic trades like George Soros's 1993shorting of the pound sterling and John Paulson's shorting ofsubprime mortgages, the author celebrates hedge titans' charisma,contrarianism, and market insights. Mallaby contends that hedgefunds benefit the economy by correcting market anomalies; becausethey put managers' money on the line and are small enough to fail,they are more prudent and less disruptive than heavily regulatedbanks. Mallaby's enthusiasm for an old-school capitalism ofunfettered risk taking isn't always persuasive, but he d
¥85.30

作者简介:Sebastian Mallaby is the Paul Volcker Senior Fellow in International Economics at the Council on Foreign Relations and a Washington Post columnist. He spent thirteen years on The Economist magazine, covering international finance in London and serving as the bureau chief in southern Africa, Japan, and Washington. He spent eight years on the editorial board of The Washington Post, focusing on globalization and political economy. His previous books are The World's Banker (2004), which was named as an Editor's Choice by The New York Times, and After Apartheid (1992), which was a New York Times Notable Book.
¥149.00

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Product Details 基本信息 ISBN-13 书号 9781635653700 Author 作者 LUCAS Format 版本 精装 Pages Number 页数 240页 Publisher 出版社 Penguin Random House US Publication Date 出版日期 2019-08-27 Product Dimensions 商品尺寸 9.1 x 8.3 x 0.9 cm Shipping Weight 商品重量 2050g Language 语种 英语
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