Inside the house of money - Steven Drobny

Praise for Inside the House of Money "Everyone loves to talk about hedge funds?except the people who actually run them. Until now. This book offers a unique and illuminating insight into a hitherto inaccessible and sometimes downright secretive world. And quite fascinating it proves to be. Future historians will thank Drobny for capturing the thinking that underlies a quiet financial revolution." ?Niall Ferguson, Laurence A. Tisch Professor of History, Harvard University and author of Colossus: The Rise and Fall of the American Empire "We learn from these interviews of successful global macro investors that they share a style of thinking: they consider a strikingly broad list of factors influencing markets, they are exquisitely alert to nuances of timing and place in history, and, perhaps most fundamentally, they seem to think along broadly inductive rather than deductive lines." ?Prof. Robert J. Shiller, Cowles Foundation for Research in Economics International Center for Finance, Yale University and author of Irrational Exuberance "Drobny's book will become the bible for those who want to understand the Byzantine minds of the world's top macro traders. It captures their brilliance as well as their many idiosyncrasies, and explains how they have made billions of dollars from the sanctity of small offices in New York and London. A great book about the rarest breed in the global markets?those who can consistently make money, almost out of thin air." ?Gavyn Davies, Chairman, Fulcrum Asset Management former chief economist, Goldman Sachs "What a wonderful way to get into a macro trader's mind! I am so glad that this book exists. I will make my students read it." ?Nassim Nicholas Taleb, author, of Fooled by Randomness "Drobny's book is not only fun reading but also offers unique insight into how financial market movers and shakers think and act. This is a definitive, must–read for any serious investor." ?Felix W. Zulauf, President, Zulauf Asset Management AG