This revised and updated edition of Inside the House of Money lifts the veil on the typically opaque world of hedge funds, offering a rare glimpse at how today's highest-paid money managers approach their craft. Now with new commentary, author Steve Drobny takes you even further into the hedge fund industry. He demystifies how these star traders make billions for their well-heeled investors, revealing their theories, strategies, and approaches to markets.
While some still maintain that rationality permeates financial markets, Drobny captures a different dimension, showing how the unquantifiable human forces of emotion and intuition are also at play. Along the way, listeners get an inside look at firsthand trading experiences through some of the major world financial crises of the last few decades, including tragedies such as September 11th. Whether its Russian bonds, Pakistani stocks, Southeast Asian currencies, or stakes in African brewing companies, no market or instrument is out of bounds for these elite global macro hedge fund managers.
Highly accessible and filled with in-depth expert opinion, Inside the House of Money is a must-listen for financial professionals and anyone else interested in understanding how greed, fear, and the human forces of emotion drive world markets.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
We've sent an email with your order details. Order ID #:
To access this title, visit your library in the app or on the desktop website.
Not aimed at the small DIY investor
I intend to listen to this again in a year or so when I have more experience of bonds and options. As a DIY investor with a portfolio of the UK and USA equities only, most of this book was irrelevant to me and went over my head. It did inspire me to look at world markets and if I decide to invest in a Hedge Fund I will be more aware of what to look for. Oh and I will start reading the Economist.
This book was written before the World Financial Crisis of 2008 and a lot of it referes to pre 2001 dot com bubble (though there is an additional chapter at the end that is more recent). I would like to have heard more since 2008.
This book consists of interviews with various hedge fund managers and Langton puts on a different voice for each I one. I have no idea how accurate he was but it brought the book to life for me.
I bet you can't sit through this film until the end without falling asleep
It's a long listen and as a small DIY trader you won't learn much listening to hedge fund managers with billions of dollars under management, but if you are interested in the general landscape of investing and want to broaden you knowledge it might be worth a listen.