More Money Than God

More Money Than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby

Books Reviews

Description

A revolutionary, larger-than-life book, author Sebastian Mallaby’s ‘More Money Than God: Hedge Funds and the Making of a New Elite’ is fully considered as an authoritative history book pertaining to hedge funding – covering all the way from their rise as a rebellious following in the 60’s and 70’s to its designation as a role that would determine the future of the financial realm. The book itself immerses around author Sebastian Mallaby and his inside story of hedge funds in the world of finance. It covers a compilation of around three hundred hours of the author’s interviews.  

‘More Money Than God’ also showcases finance professors as they debate and argue that the acquiring of the ability to ‘beat’ the market was unfeasible while basing their findings from other sciences such as physics, economics, and psychology. However, they would later find loopholes and the key to the market’s mysteries and earned a tremendous profit from it.

A wealthy, powerful, and potentially dangerous piece of writing, ‘More Money Than God’ provides a vantage point and a sneak-peak to what’s to come in the financial system’s future. 

About the Author

Sebastian Christopher Peter Mallaby (or widely known as Sebastian Mallaby) is an English journalist and author born in May 1964. Formerly as a contributing editor for the Financial Times and a columnist and editorial board member at The Washington Post, his recent work has been published in the New York Times, the Wall Street Journal, and the Atlantic Monthly. He has additionally penned and published other works such as ‘The World’s Banker’ in 2004 and ‘The Man Who Knew’ in 2016.

Table of Contents

Introduction: The Alpha Game

  1. Big Daddy
  2. The Block Trader
  3. Paul Samuel’s Secret
  4. The Alchemist
  5. Top Cat
  6. Rock and Roll Cowboy
  7. White Wednesday
  8. Hurricane Greenspan
  9. Soros versus Soros
  10. The Enemy is Us
  11. The Dot-Com Double
  12. The Yale Men
  13. The Code Breakers
  14. Premonitions of a Crisis
  15. Riding the Storm
  16. “How Could They Do This?”
  • Conclusion: Scarier than what?
    • Acknowledgments
    • Appendix I: Do the Tiger Funds Generate Alpha?
    • Appendix II: Performance of the Pioneers
    • Notes
    • Index
    • Photo Credits