EXTREME MONEY: THE MASTERS OF THE UNIVERSE AND THE CULT OF RISK, the new title from bestselling author Satyajit Das, is now available to pre-order on Amazon.
"Funny, readable and peppered with one-liners from Groucho Marx, "Traders, Guns & Money" offers an ideal primer for anyone tempted to take a walk on the derivative side."
James Pressley, Bloomberg.com
a distinctly timely book ....Traders, Guns and Money, tries to reach out to the mathematically challenged to explain how the world of derivatives really works.
Gillian Tett, Financial Times
The sexier side of finance ... at last ... a convincing picture of what life is like in today's modern financial industry.
...a fascinating and compelling insight into the world of derivatives... a page turning quality more reminiscent of a John Grisham novel than a dissertation on derivatives.
....more riveting than the Da Vinci Code...in the mould of Liars' Poker...an insiders account of how derivatives markets work...
Goola Warden, The Edge
this is possibly the best insider account of a career in investments since Michael Lewis's book Liar's Poker
.I can't recommend this book strongly enough.'
... a beginner's guide to the often unsavoury and murky world of trading...a surprisingly gripping account ....
A worthwhile read for anyone with connection to the financial world.
. must read for all CEOs, CFOs, bankers and anyone who cares about what banks are doing with their money.
Lara Wozniak, www.financeasia.com
an amusing, down-to-earth look behind the scenes of the derivatives market
.There were several times I laughed out loud
... a scalpel of a book
Financial Engineering News
Das audacity is commendable as he does not hesitate to challenge the greatest intellectuals of quantitative finance like Myron Scholes and Fischer Black
.Overall, he does a splendid job of portraying the obsessive mentality of the traders that anything can be traded.
Medill Money Mavens, August 2010
From the Inside Flap
Warren Buffet 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 peoples 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.
--This text refers to an out of print or unavailable edition of this title.