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
Empires of Light
The Scout Mindset
Quantum Computing Since Democritus
Heretics of Dune
The Making of an American Thinking Class
Draft No. 4
Notes From an Apocalypse
The Richest Man in Babylon
That Will Never Work
Trillion Dollar Triage
The Precipice
The Art of War in the Middle Ages
Dear Leader
Probability, Random Variables and Stochastic Processes
Follow The Money
Matthew Barney & Elizabeth Peyton
For A New Liberty
Energy And Civilization
Intellectuals
The Nature of the Beast
Fauna & Family
Dear Founder
The Trial of Socrates
A Heartbreaking Work of Staggering Genius
The Seven Husbands of Evelyn Hugo
Animal Farm
Sunset at Blandings
Seeing Serena
That Used To Be Us
Thinking, Fast and Slow
Inside The House of Money
Factfulness
100 Best-Loved Poems
Hunger of Memory
Catching the Big Fish
The Big Test
The Internet of Money Volume 2
Foundation and Empire
Parents Who Lead
Me Talk Pretty One Day
P53
Brotopia
Timelines of World History
The Prince
On Writing Well
Memories, Dreams, Reflections
Pilot's Handbook of Aeronautical Knowledge
The Art of Memoir
The MAGA Doctrine
Indistractable
On Trails
Zero to One
Capitalism Without Capital
Why We Get Fat
Industrial-Strength Denial
However Long the Night
I am Benjamin Franklin
The Signal and the Noise
White Fragility
The Singularity Is Near
The Dream Machine
The Sketchbooks of Chris Wilkinson
No Bull
Brave Enough
The Autobiography of Charles Darwin
Meditation Station
In FED We Trust
The History of Money
Defend The Border and Save Lives
Children of Dune
The Science of Success
Breath From Salt
Liberty Under Seige
The Gutsy Girl
The Decadent Society
Scientific Freedom
Fables
Iacocca
Liar's Poker
In Cold Blood
The Sixth Man
Modern Aramaic (Assyrinan/Syriac) Dictionary
Direct Truth
The Red Decade
State of Fear
The Second Machine Age
Founding Brothers
Visual Explanations
Writing Down The Bones
Modern Engineering for Design of Liquid Propellant Rocket Engines
Steve Jobs
Triumph Of The City
The Role of the Individual in History
Principles for Dealing With The Changing World Order
Leadership and Self-Deception
Predictably Irrational
Jurassic Park
Hard Landing
The Great CEO Within
Outliers