Recommendations from our site
“Lowenstein explains in very elegant terms some pretty complicated concepts involving derivatives, Black-Scholes (financial model) and trading. He captures the characters. But it’s less a character book than a book about this thing that many people hadn’t heard of, bubbling up within the financial system. Before LTCM, nobody outside the elite of Wall Street had any idea of the importance of derivatives. But inside this elite, a whole class of traders was starting to think of financial markets in completely different terms.” Read more...
The best books on Financial Speculation
John Gapper, Journalist
Our most recommended books
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Manias, Panics, and Crashes: A History of Financial Crises
by Charles Kindleberger -
This Time Is Different
by Carmen Reinhart & Kenneth Rogoff -
Against the Gods
by Peter L Bernstein -
Common Sense on Mutual Funds
by John C. Bogle -
A Random Walk Down Wall Street
by Burton Malkiel -
Why Stock Markets Crash: Critical Events in Complex Financial Systems
by Didier Sornette
