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
Astrophysics for People In a Hurry
Guns, Sails, and Empires
At Play in the Fields of the Lord
Faraday, Maxwell, and the Electromagnetic Field
Writing My Wrongs
Dance to the Tune of Life
Bet The Farm
The Interpretation of Dreams
The True Believer
American Prison
National Economic Planning
Seeing Is Forgetting the Name of the Thing One Sees
Memos From The Chairman
Darwin's Blind Spot
Once a Warrior
The Intel Trinity
Power Failure
Trust Me, I'm Lying
Expectations Investing
Everything All At Once
Glass
The Sun Also Rises
History of the World
Code
The Jungle Book
The Creative Society
The Most Important Thing
The Ordeal of Civility
Good Calories, Bad Calories
Awareness
A Universe From Nothing
DeMark Indicators
The Red Queen
Walter Benjamin
The Man Without a Face
Moorish Spain
End The Fed
Rational Ritual
Being You
The Blue Sweater
The Remains Of The Day
Influence
I Am Not a Tractor
The Trump Century
The Little Prince
A Magic Web
The Outsiders
On The Principles of Political Economy and Taxation
Dreamland
The Dao of Capital
The Hour Between Dog and Wolf
My Inventions
Your Dad Stole My Rake
Nixonland
Long Walk to Freedom
It's About Damn Time
A Higher Loyalty
Sex, Drugs, and Rock 'n' Roll
Dream Yoga
Sam Walton
The Quest
The Knowledge
In the Company of Giants
The Enchiridion
The Creative Act
Democracy In America
Blink
Hillbilly Elegy
War
Small Is the New Big
The Language Instinct
The Snowball
Slow Horses
Anything You Want
Children of Dune
A History of the English-Speaking Peoples
Financial Derivatives
Born Standing Up
When I Say No, I Feel Guilty
Self Reliance
End of Illness
Defend The Border and Save Lives
Innovating Out of Crisis
Reamde
Burn
The Immortality Key
Joy on Demand
The New Science of Strong Materials
The Invention of Air
When The Facts Change
Shantaram
The Order of Time
Built from Scratch
#AskGaryVee
Blitzscaling
Billion Dollar Whale
100 Best-Loved Poems
Man's Search for Meaning
Perfectly Reasonable Deviations from the Beaten Track
Surely You're Joking Mr. Feynman