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Inventing Money

The Story of Long-Term Capital Management and the Legends Behind It
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( 266 ratings, 13 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Inventing Money tells the captivating story of Long-Term Capital Management (LTCM), the hedge fund deemed too big to fail. Founded by Wall Street legends and Nobel laureates, LTCM amassed extraordinary wealth and influence before its dramatic collapse in September 1998. The book explores the rise and fall of this financial giant and the brilliant minds behind it, offering a detailed insider's view of one of the most pivotal moments in modern finance.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for readers interested in finance, investment history, and complex financial instruments. It appeals to professionals, students, and anyone keen to understand the dynamics of financial markets and their risks through a real-world case study.

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LTCM was the fund that was too big to fail, the brightest star in the financial world. Built on genius, by legends of Wall Street and two Nobel laureates, it spiralled to ever greater heights, commanding unimaginable wealth. When it fell to earth in September 1998 it shook the world.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Inventing Money tells the story of LTCM, the fund that was too big to fail, and the brightest star in the financial world. Built on genius by legends of Wall Street and two Nobel laureates, it spiralled to ever greater heights, commanding unimaginable wealth. When it fell to earth in September 1998, it shook the world.

This book captures the dramatic rise and fall of LTCM and the legends behind it. A brave and ambitious work, Inventing Money was written by leading financial journalist Nicholas Dunbar.

Book Details

INFORMATION

ISBN: 9780471498117

Publisher: John Wiley & Sons Inc

Format: Paperback / softback

Date Published: 10 November 2000

Country: United States

Imprint: John Wiley & Sons Inc

Audience: General / adult, Professional and scholarly

DIMENSIONS

Spine width: 16.0mm

Width: 154.0mm

Height: 229.0mm

Weight: 397g

Pages: 288

About the Author

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.

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