Nicholas Dunbar

Broschiertes Buch

Inventing Money

The story of Long-Term Capital Management and the legends behind it

Beschreibung

Im September 1998 kam es überraschend zum Zusammenbruch des LTCM (Long-Term Captial Management), ein Hedge-Fund mit einem Anleihenportfolio von 100 Mrd. US-Dollar. 14 Investmentbanken griffen mit 3,6 Mrd. US-Dollar stützend ein, um das Schlimmste zu verhindern. Dieses Buch, geschrieben vom Herausgeber des renommierten Risk Magazine, enthüllt nicht nur die Hintergründe dieses Finanzdebakels. Es geht einen Schritt weiter und diskutiert Kernfragen, wie z.B.: Welche Bedeutung hat die Wissenschaft für die Finanzmärkte, und wohin wird diese Entwicklung die internationalen Finanzmärkte und Volkswirtschaften wohl führen.

Autor

Nicholas Dunbar studied physics in the UK at Manchester and Cambridge and finally in the US at Harvard University, where he gained a Master's degree in earth and planetary sciences. During this period his interests ranged from quantum mechanics and black holes to evolution and the history of global climate change. His teachers included Stephen Hawking at Cambridge and Stephen Jay Gould at Harvard.

In 1990, Dunbar decided to leave academia. He spent the next few years working in feature films and television, in a wide range of capacities. In 1996, after launching the television production company Flicker Films, a chance encounter with some old Harvard friends set him on a new path of finance and science writing, focusing on the derivatives industry. In 1998, he joined Risk magazine as technical editor.

Produktdetails

• Verlag: Wiley & Sons
• 2000.
• Englisch
• Abmessung: 23, 5 cm
• Gewicht: 510g
• ISBN-13: 9780471899990
• ISBN-10: 0471899992
• Artikelnr.: 08451492

Rezensionen

"Inventing Money is a brave and ambitious book....a highly readable account of a financial drama of the highest kind." (The Independent)

"Nicholas Dunbar's fascinating book is a well-writen chronicle of these events....a book to enjoy." (Times Higher Educational Supplement)

"A substantial primer on the history of financial theory, not least because of Mr Dunbar's knack for colourful parallels that illuminate his arguments." (New York Times)

"...not the last word on the subject, but it is a good start." (The Economist)

"Dunbar's is....a highly readable introduction to the origins of alternative strategies employed throughout the industry today." (Portfolio International)

"...a fascinating account of this spectacular episode." (CIB News)

"A well researched book...very readable." (Investors Chronicle)