Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives / Mastering Financial Calculations, a Step-by-step Guide to the Mathematics of Financial Market Instruments
by Satyajit Das
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Description
Traders Guns and Money is a wickedly comic expose? of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people's money. 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. This worldwide bestseller reveals the truth about derivatives: those show more financial tools memorably described by Warren Buffett as 'financial weapons of mass destruction'. 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. In a 2006 speech - The Coming Credit Crash - Das argued that: "an informed analysis ... shows that risk is not better spread but more leveraged and (arguably) more concentrated.... This does not improve the overall stability and security of the financial system but exposes it to increased risk of a "crash". show lessTags
Recommendations
Member Reviews
Grandioso libro en el que un trader de volatilidad de tipos cuenta un montón de historias interesantes sobre el negocio, mezcladas con divertidas opiniones y en general repartiendo estopa a todo lo que se menea. Un compañero a quien se lo presté me dijo que era "demasiado real". Un grandísimo libro.
Also “Fortune’s Fool” NA Library Thing
Late Night Live 08Aug2025
Late Night Live 08Aug2025
Arrived Lausanne
Funny book about derivatives. Reads like a detective novel. The author has a knack for dark humor and a very enjoyable cynicism.
I got lost in the details at about 2/3 of the book, but enjoyed the rest.
I got lost in the details at about 2/3 of the book, but enjoyed the rest.
Feb 17, 2011French
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Author Information
23 Works 642 Members
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Common Knowledge
- Canonical title
- Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives; Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives / Mastering Financial Calculations, a Step-by-step Guide to the Mathematics of Financial Market Instruments
- Canonical DDC/MDS
- 332.6457
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Statistics
- Members
- 337
- Popularity
- 93,375
- Reviews
- 4
- Rating
- (3.64)
- Languages
- English, German
- Media
- Paper, Ebook
- ISBNs
- 11
- ASINs
- 1
