More Money Than God

Hedge Funds and the Making of the New Elite

Sebastian Mallaby

Recommended By

Book Synopsis

"More Money Than God" by Sebastian Mallaby is a gripping exploration of the secretive and powerful world of hedge funds. Mallaby, a seasoned journalist and author, provides an insightful and detailed account of the individuals and strategies that have shaped the industry.

Drawing on extensive research and interviews with industry insiders, Mallaby takes readers through the origins of hedge funds and their evolution into a dominant force in global finance. From legendary figures like George Soros to lesser-known managers, Mallaby skillfully brings these characters to life, illustrating their successes, failures, and the impact they have had on the financial landscape.

This book examines the key elements of hedge fund strategies, from short selling and leveraging to complex derivatives. Mallaby explains the factors that have contributed to the industry's remarkable growth, but also highlights the risks and controversies associated with it, including the 2008 financial crisis.

Mallaby delves into the clash between traditional investment institutions and the rise of hedge funds, as well as the ongoing debates surrounding their regulation. He presents a balanced view, showcasing both the industry's positive contributions to market efficiency and its potential to exacerbate instability.

"More Money Than God" is a compelling and illuminating read, providing a comprehensive overview of the hedge fund industry and shedding light on the individuals, strategies, and impact that have made hedge funds an integral part of today's financial world.

Explore More Books

See All
Shoe Dog
Future Babble
The Sense of Style
One of a Kind
Getting to Maybe
Steve Jobs & The NeXT Big Thing
Fingerprints of the Gods
The Postman Always Rings Twice
The Checklist Manifesto
Leading
Getting Past No
First Friends
In Defense of a Liberal Education
The Global Macro Edge
Quality of Earnings
Andy Goldsworthy
The Master Switch
Dapper Dan
The Rational Optimist
99% True
Law, Legislation, and Liberty
How The West Grew Rich
The Harmless People
House of Morgan
The Economic Consequences of the Peace
Friday Black
The Coddling of the American Mind
The Alchemy of Finance
Nudge
The Science of Liberty
Motherless Brooklyn
The Third Pillar
This Time Is Different
Inversions
Against The World
Everything Happens For a Reason
Unelected Power
Chaos
Raising Girls
The Journalist and the Murderer
Lord of Light
The Revolt of the Public