“Splendid…the definitive historical past of the hedge fund, a compelling narrative filled with larger-than-life characters and dramatic tales.” –The Washington Publish Rich, highly effective, and doubtlessly harmful, hedge fund moguls have turn into the It Boys of twenty-first- century capitalism. Beating the market was lengthy considered inconceivable, however hedge funds cracked its mysteries and made fortunes within the course of. Drawing on his unprecedented entry to the business, esteemed monetary author Sebastian Mallaby tells the within story of the hedge funds, from their origins within the 1960s to their function within the monetary disaster of 2007 to 2009. Learn Sebastian Mallaby’s new ebook, The Man Who Knew: The Life and Instances of Alan Greenspan.
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