Roger Lowenstein

“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