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
Capital Ideas
Scotland
The Age of Entitlement
Mohammed and Charlemagne
Feeding the Dragon
Who We Are and How We Got Here
Frisco Kid
The Plant Paradox
The New Economics
The Warren Buffett Way
Live Your Truth
What We Owe the Future
With the Old Breed
The Greatness Mindset
Werner Herzog - A Guide for the Perplexed
Amusing Ourselves to Death
The Razor's Edge
The Little Prince
Lifespan
Foundation
The First Conspiracy
Proof of Corruption
Karl Marx's Theory of History
Masters of the Word
Black Flags
Thermoinfocomplexity
Fewer
Mathematics: Its Content, Methods and Meaning
The American Challenge
The Network State
Bel Canto
Mao
The Victorian Internet
Spain in Our Hearts
Asset Management
The Sovereign Individual
The French Revolution and What Went Wrong
Confessions of a Philosopher
The Innovators
Misbehaving
All Marketers are Liars
Off The Record
The Pleasure of Finding Things Out
Programming Bitcoin
A Random Walk Down Wall Street
The Great CEO Within
Founders' Son
Think Like a Monk
The Last Lion
Why We Believe in God(s)
The Poems of Dylan Thomas
Home Game
Platform Revolution
The Ethics of Money Production
Loonshots
In the Heart of the Sea
A Magic Web
21 Lessons for the 21st Century
The Little Bitcoin Book
The Sketchbooks of Chris Wilkinson
A Time for New Dreams
The Making of the Atomic Bomb
Thing Explainer
Monetizing Innovation
The Right Stuff
The Great War of Our Time
Our Mathematical Universe
Direct Truth
What You Want
Connectography
Why America Is Not a New Rome
The World According to Garp
Water in Plain Sight
An American Marriage
P53
Levels of the Game
The End of Power
Invariances
Think Like a Rocket Scientist
How to Be Topp
Intellectuals and Race
Hopping Over The Rabbit Hole
The Story of Civilization: Caesar and Christ
Jonathan Livingston Seagull
House On Fire
Personal Knowledge
From Third World to First
Little, Big
The Sports Gene
First a Dream
Innovating Out of Crisis
Team of Rivals
Disruptor
The Score Takes Care of Itself
As One Is
Where Mountains Roar
Justice on Trial
Return to the Little Kingdom
Mastery
Lords of Finance