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Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives

3.8/5 ( ratings)

Warren Buffett once memorably described derivatives as "financial weapons of mass destruction". Read this sensational and controversial account of the often dazzling business of derivatives trading, and see if you agree.

No money is ever really made in financial markets. Markets merely transfer wealth. As to how to make money? Well, it is basically theft, misrepresentation, lies, cheating, deception or force. It is impossible to make the staggering amounts made in derivatives in good years honestly.

Traders, Guns & Money is a wry and wickedly comic exposé of the culture, games, and pure deceptions played out every day in trading rooms around the world, usually with other people's money. Whether you move in the financial world yourself, know people who do, or have money invested in stocks, shares or derivatives, this is a fascinating read guaranteed to make you think.

Language: English

Pages: 334

Format: Paperback

Publisher: FT Press

Release: May 15, 2006

ISBN: 0273704745

ISBN 13: 9780273704744

Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives

3.8/5 ( ratings)

Warren Buffett once memorably described derivatives as "financial weapons of mass destruction". Read this sensational and controversial account of the often dazzling business of derivatives trading, and see if you agree.

No money is ever really made in financial markets. Markets merely transfer wealth. As to how to make money? Well, it is basically theft, misrepresentation, lies, cheating, deception or force. It is impossible to make the staggering amounts made in derivatives in good years honestly.

Traders, Guns & Money is a wry and wickedly comic exposé of the culture, games, and pure deceptions played out every day in trading rooms around the world, usually with other people's money. Whether you move in the financial world yourself, know people who do, or have money invested in stocks, shares or derivatives, this is a fascinating read guaranteed to make you think.

Language: English

Pages: 334

Format: Paperback

Publisher: FT Press

Release: May 15, 2006

ISBN: 0273704745

ISBN 13: 9780273704744

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