Most books on finance fit into one of 3 categories
1. For beginners - a list of products and markets and how they are used
2. For the experts – “how to mathematically model everything” or “what the
rules and regulations are”.
3. The 'I'm the greatest, do it my way' theme of (auto-) biographies.
But here is a book that neatly bypasses these genres and combines the author’s vast experience inside the markets to explain the core elements of finance. It also manages to slaughter many of the 'sacred cows' of financial experts, fund managers, chartists, economists, regulators and central bankers. This book will give you an honest and thoughtful view of what makes, and more importantly, what doesn’t make, the markets tick. You won't see any of this on business TV or read it in the newspapers!
The author writes in a wry, easy going and witty style with some fascinating examples from the past, that he neatly folds into the present day financial scene.
A worthwhile read for anyone trying to get to the heart of finance and understand what really makes markets move.