Inventing Money : The Story of Long-Term Capital Management and the Legends Behind It
Editorial Reviews
New York Times
"A substantial primer on the history of financial theory...Mr. Dunbar has a knack for colorful parallels that illuminate his arguments."
Review
"...a primer for those interested in the world of financial theory."
--Financial Times
"Inventing Money is not the last word on the subject, but it is a good start."
--The Economist
"Dunbar tells the full story of this most public of financial disasters, unveiling previously undisclosed information, in captivating and accessible terms."
--EuroBusiness
"Mr Dunbar has gained the rare distinction of writing an interesting and informative book on a very complex financial subject and for that he deserves much credit."
--Offshore Financial Review
"Dunbar offers us a well-written and informative account of how the company's culture developed, and why LTCM plummeted so dramatically."
--Balance Sheet
"It is a fast moving and readable account that explains the development of finance over the centuries before recounting the brief but eventful life of LTCM."
--Risk
"A fascinating tale, not to be missed."
--Chartered Secretary
"...his brave effort to explore the LTCM fiasco, its origins, and its ramifications. Dunbar is a former academician and journalist, making him an ideal writer to explore the theoretical origins of LTCM.
The author excels with his affectionate portrait of financial-theory giants such as the late Fischer Black. This book is a good source of information on the theoretical underpinnings of modern arbitrage."
--Business Week
"Nicholas Dunbar has written a fascinating account of this spectacular episode, and in doing so has provided an instructive insight into the functioning of global capitalism."
--CIB News
"Nicholas Dunbar's fascinating book is well-written. The book should appeal to a wide audience. Economists should certainly read it. Dunbar writes in a clear and accessible manner."
Inventing Money : The Story of Long-Term Capital Management and the Legends Behind It
Inventing Money : The Story of Long-Term Capital Management and the Legends Behind It,Nicholas Dunbar,John Wiley & Sons,0471899992,Business & Economics,Business / Economics / Finance,Business/Economics,Corporate & Business History - General,Economics - Theory,Finance,Financial crises,Investment Finance,Investments,Investments & Securities - Stocks,Long-Term Capital Management (,Business & Economics / Finance,Investment & securities
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