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Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivativesby Satyajit Das
Synopses & ReviewsPublisher Comments:Warren Buffet once memorably described derivatives as “financial weapons of mass destruction”. Read this sensational and controversial account of the often dazzling business of derivatives trading, and see if you agree.
No money is ever really made in financial markets. Markets merely transfer wealth. As to how to make money? Well, it is basically theft, misrepresentation, lies, cheating, deception or force. It is impossible to make the staggering amounts made in derivatives in good years honestly. Traders, Guns and Money is a wry and wickedly comic exposé of the culture, games, and pure deceptions played out every day in trading rooms around the world, usually with other people’s money. Whether you move in the financial world yourself, know people who do, or have money invested in stocks, shares or derivatives, this is a fascinating read guaranteed to make you think. Book News Annotation:Through an anecdotal narrative based on his 25 years experience in
the world of derivatives trading, the author provides an expose of
the "rational madness" of financial derivatives markets. His work
simultaneously aims to provide a "wry and entertaining" for people
already in banking and finance and to serve as an accessible
introduction to financial derivatives.
Annotation ©2006 Book News, Inc., Portland, OR (booknews.com) Synopsis:Das presents a wry and wickedly comic expos of the culture, games, and pure deceptions played out every day in trading rooms around the world, usually with other people's money.
About the AuthorSatyajit Das is a leading international authority in the area of financial derivatives and treasury management. He was the treasurer for the TNT Group on Australia for six years. Prior to this he worked in the Commonwealth Bank of Australia, Citicorp Investment Bank and Merrill Lynch Capital Markets. He is the author of Swap Financing and has published widely on financial derivatives, corporate finance, treasury and risk management. He has presented seminars on financial derivatives and treasury management/corporate finance all over the world. What Our Readers Are SayingBe the first to add a comment for a chance to win!Product Details
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