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More Money Than God: Hedge Funds and the Making of a New Elite (Council on Foreign Relations Books (Penguin Press))

Amazon.com Price: $21.00 (as of 10/04/2023 16:56 PST- Details)

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The New York Times bestseller”Splendid…the definitive history of the hedge fund, a compelling narrative full of larger-than-life characters and dramatic tales.” —The Washington Post The first authoritative history of hedge funds-from their rebel beginnings to their role in defining the future of finance.Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first-century capitalism. Beating the market was long thought to be impossible, but hedge funds cracked its mysteries and made fortunes in the process. Drawing on his unprecedented access to the industry, esteemed financial writer Sebastian Mallaby tells the inside story of the hedge funds, from their origins in the 1960s to their role in the financial crisis of 2007 to 2009 – and explains why understanding the history of hedge funds is key to predicting the future of finance.

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