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

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

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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.

Details of Book

ISBN13: 9780273704744
ISBN10: 0273704745
Language: English
Publisher: Ft Prentice Hall
Publication Year: 2006
Format: Paperback

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Hard-hitting insider view of risky derivatives trading.

  • Who is this book for?

    If you're curious about the dark side of high-stakes finance, this book offers a sharp, witty look into the world of derivatives trading. It’s perfect for those who want to understand the manipulative, controversial ways money is made—sometimes illegally—and how deception rules the game. You'll find it both eye-opening and entertaining, especially if you’re interested in the true, unvarnished stories behind the glitter of financial markets.

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