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Good introduction but beware: 10 years out of date!
on 3 February 2012
This is a great book; the short diversions on the history behind things are entertaining and informative, although at times some there are several pages of definition after definition of various financial instruments which were a little dull to read.
But BEWARE: even though this claims to be "fully revised and updated", it is actually a 2002 edition and a lot of the information is out-of-date/superseded/no longer relevant, particularly as several political references are made. In this sense it was rather mis-sold.
I bought this to get a better understanding of the recent financial crisis but, of course, there is no reference to this - apart from some interesting foresight on the short-term incentives of financial trading towards the end of the book.