Traders, Guns and Money: Knowns and unknowns in the dazzling world of derivatives Revised edition (Financial Times (Prentice Hall))
| Author | : | |
| Rating | : | 4.46 (594 Votes) |
| Asin | : | 0273731963 |
| Format Type | : | paperback |
| Number of Pages | : | 384 Pages |
| Publish Date | : | 2016-01-16 |
| Language | : | English |
DESCRIPTION:
Traders, Guns and Money will introduce you to the players and the practices and reveals how the real money is made and lost.The global financial crisis took almost everyone by surprise and even now new problems keep appearing and solutions continue to be elusive. In the original version of Traders, Guns and Money, Satyajit Das provided a highly prescient insight into the structure and risk of the world financial system exposing the problems that are becoming readily apparent. A sensational insider’s view of the business of trading and marketing derivatives, this revised edition explains the frighteningly central role that derivatives and financial products played in the global financial crisis. Traders Guns and Money is a wickedly comic exposé of the culture, games and pure deceptions played out every day in trading rooms around the world. <
"Funny, readable and peppered with one-liners from Groucho Marx, "Traders, Guns & Money" offers an ideal primer for anyone tempted to take a walk on the derivative side." James Pressley, Bloomberg ‘……a distinctly timely book .Traders, Guns and Money, tries to reach out to the mathematically challenged to explain how the world of derivatives “really” works.’Gillian Tett, Financial Times‘The sexier side of finance at last a convincing picture of what life is like in today's modern financial industry.’ Corporate Financier‘a fascinating and compelling insight into the world of derivatives a page turning quality more reminiscent of a John Grisham novel than a dissertation on derivatives.’FINASIA‘re riveting than the Da Vinci Codein the mould of Liars' Pokeran insider’s account of how deri
"A REVEALING PRE-2008 FINANCIAL CRISIS PORTRAIT OF DERIVATIVES, AND THE INDUSTRY THAT SELLS THEM" according to Steven H Propp. Sanyajit Das is a financial analyst who had written many books on derivatives and related topics, such as Extreme Money: Masters of the Universe and the Cult of Risk, Risk Management and Financial Derivatives, Credit Derivatives, Swap and Derivative Financing, etc. He has also revised this 2006 book [see: Revised edition.He wrote in the Preface, "[This book] is the record of my time in the derivatives industry. It is a collection of tales about the products, the people and the strange goings-on in the business. "Great insight into the world of derivatives" according to MG Prichard. This book made me realise how much half knowledge of derivatives I possessed prior to reading. But then I am not an expert, just a casual market participant (gulp).Does it matter? Even to an occasional observer of banks and financial systems (and therefore everything else that follows), I think it behoves us to appreciate the consequences of blind pursuit of risk and return. The leveraged market and its players is explained by its author in a lucid and at times darkly humorous sequence of anecdotes, diagrams a. Benedetto Ahagon said The wizard of oz, Satyajit Das. Many times I was ready to let this one go. Glad I persisted. It was worth reading, but I cannot say that he is successful in what he endeavors to achieve. You get only a brief glimpse into the world of derivatives. He loses a great opportunity in his example of an embedded reverse floating interest rate swap. All he had to say was that the investor is a counter party to himself in this piece of financial fluff. And then explain why. Because to the rest of us the world of financial engineering is seemingly wort
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.. Satyajit Das is a leading international authority in the area of financial derivatives and treasury manage