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
Natural Capitalism
The Uterus Is a Feature, Not a Bug
The Story of Civilization: The Age of Louis XIV
Self Reliance
The Hard Thing About Hard Things
Altars of Unhewn Stone
The Varieties of Religious Experience
Accidental Presidents
The Science of Conjecture
The Gifts of Imperfection
One of a Kind
Am I Being Too Subtle?
Hell Yeah or No
The Wealth of Nations
Benjamin Franklin
The Power of Full Engagement
Anthropic Bias
Old Man and the Sea
The Tao of Charlie Munger
Good Economics For Hard Times
Team of Teams
The Venture Mindset
Liftoff
When Money Dies
Now, Discover Your Strengths
Modelling Extremal Events
Changes in the Land
Tuxedo Park
Profile of a Nation
The Golden Compass
The Last Lion
Survival to Thrival
Benjamin Franklin
Who
Competition Demystified
The Botany of Desire
Bad Blood
An Astronaut's Guide to Life on Earth
Innovating Out of Crisis
The Reluctant Mr. Darwin
The First Conspiracy
Founders at Work
The Power of Myth
Monetizing Innovation
The Aspirational Investor
Nixon Agonistes
Strength In Stillness
How to Read a Book
The Neverending Story
A Guide To Econometrics
To Dare and to Conquer
Follow The Money
Homo Deus
A Guide To The Good Life
The Snow Leopard
A Practical Guide for Policy Analysis
Screw Business As Usual
The Art of War
The Three Marriages
Intellectual Life in the Middle Ages
More From Less
Information
The River of Doubt
The Start-up of You
The Body Keeps The Score
A Year with Rumi
Excession
Keeping At It
Getting to Maybe
Speak Like Churchill, Stand Like Lincoln
Zorba the Greek
Ghost Fleet
King of Capital
Models. Behaving. Badly.
Nothing To Lose
No Applause - Just Throw Money
Something Deeply Hidden
The Hate U Give
Who Really Matters
Who's In Charge
The Great Rupture
The Role of the Individual in History
The Book of Nothing
High Growth Handbook
The Old Way
The Agile Gene
Mathematician's Delight
The Feynman Lectures on Physics
The Score Takes Care of Itself
7 Powers
The Law
The Lord of the Rings
The Dip
The Wealth and Poverty of Nations
Winning
The Song Machine
Steal Like an Artist
Gang Leader for a Day
Out of Mao's Shadow
Mycelium Running