Flash Boys by Michael Lewis Why Aren’t They Shouting? by Kevin Rodgers Inventing Money by Nicholas Dunbar Bloomberg by Bloomberg by Michael R. Inventing Money: The Story of Long-Term Capital Management and the Legends Behind It (). By Nicholas Dunbar John Wiley & Sons, Inc., Third Avenue. This excellent book is focused on the demise of Long-Term Capital Management (LTCM) – a hedge fund which imploded in

Author: Daikus Dikasa
Country: Puerto Rico
Language: English (Spanish)
Genre: Politics
Published (Last): 14 May 2008
Pages: 125
PDF File Size: 12.25 Mb
ePub File Size: 18.60 Mb
ISBN: 561-5-90904-729-4
Downloads: 99922
Price: Free* [*Free Regsitration Required]
Uploader: Terisar

Inventing Money by Nicholas Dunbar

This tends to assure that the interest rate a home buyer nicholaw will be at a competitive rate. Venture capital funds the new companies, creating new jobs and wealth. Thanks for telling us about the problem.

Inhe joined Risk magazine as technical editor. Kristel rated it it was amazing Sep 10, Other editions – View all Inventing Money: Safaa Boulahjar dunba it it was amazing Aug 03, All in all an interesting and educational read. It very, very good. For four years LTCM shows excellent returns.

They are joined by an ex-Federal Reserve vice chairman. I remember enjoying it when I read it. To avoid a potential market crash, Long-Term Capital Management’s positions in various financial instruments was taken over by a US Federal Reserve organized consortium of investment banks. Nicholas Dunbar tells this facet of the story far better than Lowenstein.


Mar 13, Doug rated it it was amazing. He spent the next few years working in feature films and television, in a wide range of capacities. To see what your friends thought of this book, please sign up.

Inventing Money: The Story of Long-Term Capital Management and the Legends Behind It

The US regulators and congress assume that high net worth individuals are experienced investors or at least that they can afford the potential losses associated with higher risk. Trivia About Inventing Money: Based on extensive research and interviews, Inventing Money takes the reader on a fascinating journey. My library Help Advanced Book Search.

May 17, Crunknor rated it really liked it Shelves: He spent the next few years working in feature films and television, in a wide range of capacities.

Nicholas Dunbar No preview available – By the time we get to the end of the story, we understand many of the reasons for LTCM’s failure.

Open Preview See a Problem? The Song of a Martingale. The loosening of lnventing in the last twenty years and the availability of inexpensive computing power has created markets that effect the lives of almost every US citizen.

The Science of Fear and Greed. Built on genius, by legends of Wall Street dhnbar two Nobel laureates, it spiralled to ever greater heights, commanding unimaginable wealth. Lists with This Book. Interesting section on Martingale theory. Sources and Further Reading. Just a moment while we sign you in to your Goodreads account.


Derivate auf Alternative Investments: In the opening act John Meriwether, the founding partner of LTCM and one of the pioneers in bringing those trained in physics, mathematics and quantitative finance to Wall Street, is forced out innventing Salomon Brothers in a US Treasury Bill bidding scandal.

The best account of what happened at Long-Term Capital Management. Once there is a rumor that you are in trouble, you are in much more trouble. Account Options Sign in.

The story about how Samuelson discovered Bachelier must be in a good ten books, at this point, and chances are they all cribbed it from here! The main Italian trade was much less heroic than this account claims it was: The s are sometimes referred to as “the greed decade”.

Waleed Rasromani rated it it was amazing May 02,

Posted in <a href="" rel="category tag">Photos</a>