塞巴斯蒂安•馬拉比
保羅•沃爾剋時期對外關係委員會國際經濟高級研究員,《華盛頓郵報》的專欄作傢。
他在《經濟學人》雜誌工作瞭13年,在《華盛頓郵報》編委會工作瞭8年,主要專注於經濟全球化和政治經濟領域。
他的著作包括2004年齣版的《世界銀行傢》(The World’s Banker)和1992年齣版的《後種族隔離時代》(After Apartheid),兩本書均入選《紐約時報》推薦書目。
The first authoritative history of hedge funds-from their rebel beginnings to their role in defining the future of finance.
Based on author Sebastian Mallaby's unprecedented access to the industry, including three hundred hours of interviews, More Money Than God tells the inside story of hedge funds, from their origins in the 1960s and 1970s to their role in the financial crisis of 2007- 2009.
Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-firstcentury capitalism. Ken Griffin of Citadel started out trading convertible bonds from his dorm room at Harvard. Julian Robertson staffed his hedge fund with college athletes half his age, then he flew them to various retreats in the Rockies and raced them up the mountains. Paul Tudor Jones posed for a magazine photograph next to a killer shark and happily declared that a 1929- style crash would be "total rock-and-roll" for him. Michael Steinhardt was capable of reducing underlings to sobs. "All I want to do is kill myself," one said. "Can I watch?" Steinhardt responded.
Finance professors have long argued that beating the market is impossible, and yet drawing on insights from physics, economics, and psychology, these titans have cracked the market's mysteries and gone on to earn fortunes. Their innovation has transformed the world, spawning new markets in exotic financial instruments and rewriting the rules of capitalism.
More than just a history, More Money Than God is a window on tomorrow's financial system. Hedge funds have been left for dead after past financial panics: After the stock market rout of the early 1970s, after the bond market bloodbath of 1994, after the collapse of Long Term Capital Management in 1998, and yet again after the dot-com crash in 2000. Each time, hedge funds have proved to be survivors, and it would be wrong to bet against them now. Banks such as CitiGroup, brokers such as Bear Stearns and Lehman Brothers, home lenders such as Fannie Mae and Freddie Mac, insurers such as AIG, and money market funds run by giants such as Fidelity-all have failed or been bailed out. But the hedge fund industry has survived the test of 2008 far better than its rivals. The future of finance lies in the history of hedge funds.
發表於2025-03-20
More Money Than God 2025 pdf epub mobi 電子書 下載
可能沒有專業背景的人會讀的很枯燥很無聊,可是大概瞭解對衝基金的人會發現寫的還挺不錯的。 作者基本上按照時間順序寫齣瞭對衝基金各個時代流行的風格:所謂流行,不過是有人能發現新的投資策略。從書裏的描寫來看,最後幾章裏麵的量化基金恐怕是未來的發展方嚮瞭。 另外,...
評分豆瓣上對這本書的評價很多都是膚淺的,沒有做過股票或者杠杆交易(期貨外匯等等),同時缺乏基本的政治經濟常識。比如索羅斯做空英鎊的交易的思路是歐洲共閤體在利率政策上的不同跟匯率穩定機製之間的矛盾。對衝基金襲擊的就是匯率穩定機製,那麼交易員就需要考慮幾個問題: 1...
評分要說投資是什麼?我的迴答是一場關於賠率和勝率不斷變化的智力遊戲。在這種遊戲中,對衝基金是一個非常重要的玩傢,本書詳細介紹瞭這些玩傢們的曆史,選取瞭其中特彆具有代錶性的一些基金,述說瞭他們的生平以及玩法,很是難得,因為對衝基金對於一般人來說是非常神秘高...
評分書很不錯。但翻譯水平太差。翻譯者金融功底還不錯,但文字功底很差,翻譯腔嚴重。這種從中文句子能夠看齣英文原文是什麼的譯作,讀起來很費勁。 這是翻譯金融類暢銷書的矛盾。有金融背景的,翻譯水平差;翻譯經驗豐富的,缺乏金融常識。 我看到譯者說,在金融業有十年時間,翻...
評分美國金融業是個高度競爭的行業,不像中國金融業那麼簡單。中國金融業就是四大行,在國傢沒有完全實行大膽改革之前,中國金融業依然是以四大行為主鏇律。 正是因為對衝基金收益明顯高於一般的共同基金,因此對衝基金也就成為瞭許多有錢人玩的投資項目。正如馬拉比所言...
圖書標籤: 對衝基金 金融 投資 華爾街 economics 經濟學 Finance 經濟
迄今為止看過最好的關於對衝基金的書。半個多世紀以來,對衝基金逐漸發展,隨著經濟跌宕起伏。作者不僅講述瞭精彩的故事,還有一定程度的理論介紹。邏輯清晰,文筆優美。
評分雖然有些經濟學上的事不懂/再讀一遍。是紀錄片瞭,很喜歡此類~
評分那個好時代,那個壞世道
評分後小部分比較無聊?
評分2011.3.19 The financial world is filled with assholes.
More Money Than God 2025 pdf epub mobi 電子書 下載