This updated paperback edition of Inside the House of Money lifts the veil on the typically opaque world of hedge funds offering a rare glimpse at how today's highest paid money managers approach their craft. Now with new commentary, author, Steve Drobny takes you even further into the hedge fund industry. He demystifies how these star traders make billions for their well-heeled investors, revealing their theories, strategies and approaches to markets. Whereas some still maintain that rationality permeates financial markets, Drobny captures a different dimension, showing how the unquantifiable human forces of emotion and intuition are also at play. Along the way, readers get an inside look at firsthand trading experiences through some of the major world financial crises of the last few decades including tragedies such as September 11th. Whether Russian bonds, Pakistani stocks, Southeast Asian currencies or stakes in African brewing companies, no market or instrument is out of bounds for these elite global macro hedge fund managers. Highly accessible and filled with in-depth expert opinion, Inside the House of Money is a must-read for financial professionals and anyone else interested in understanding how greed, fear, and the human forces of emotion drive world markets.
6、研究員。安德烈斯卓布尼博士,卓布尼全球谘詢顧問公司。 12、Ospraie基金管理公司Dwight Anderson。基本麵投資。開始在硃利安羅伯森的老虎基金,後在保羅都澤瓊斯的支持下成立Ospraie。2005年做空倫銅虧損,2008年金融危機最多天然氣和石油公司清盤。 13、Scott Bessent。1...
評分 評分這是原文:five-year $300-strike gold puts were trading at $3 但翻譯成:買入期權閤約定價僅為3美元。 也就是,把看空期權翻譯成做多期權。 方嚮都搞錯瞭,這種低級錯誤不可容忍。
評分這是一群身手敏捷的高手,敏銳的捕捉各國資産錯配情況,在閤適的時機撲上去,同時加上保險。當然在不是連續計價的市場中,流動性接近於無的市況下,保險也未必有效。書中揭示瞭一場場金融戰爭中作為獵手對戰況的分析,攻擊方法雖有不同,但描述卻都直接而命中要害。也稍稍提及...
評分Some meaningful trading/life experiences of macro traders; some good points of trading principles; in the end of the book there’s great descriptions about liquidity and fundamental idea of banking system. However the content sometimes is irrelevant and mea...
must read for global macro trading
评分must read for global macro trading
评分must read for global macro trading
评分must read for global macro trading
评分must read for global macro trading
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