A Demon of Our Own Design by Richard Bookstaber
Why do markets keep crashing and why are financial crises worse than ever? As a leading Wall Street risk manager, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think.
"He understands the inner workings of financial markets..A liberal sparkling of juicy stories from the trading floor... (The Economist, April 21st 2007) "...smart book...Part memoir, part market forensics, the book gives an insider's view..." (Bloomberg News, 30th April 2007) "...shines a light on what the future holds for a world where capital and power have moved from Wall Street". (Actuary, June 2007) "The book covers a lot about risk management that is relevant to capital markets conditions today and the liquidity crisis." (Financial Times, Saturday 25th August) "...an insider's guide to markets, hedge funds and the perils of financial innovation. We saw plenty of those in 2007." (The Sunday Telegraph, Sunday 25th November 2007) "Richard Bookstaber's fine book on modern financial innovation". Financial Times Wednesday 17 June 2008 "...a unique perspective" (PEF, Volume 7/3, November 2008)
Richard Bookstaber runs an equity hedge fund in Greenwich, Connecticut. He was the director of risk management at Ziff Brothers Investments and at Moore Capital Management, one of the largest hedge funds in the world. He served as the managing director in charge of firm-wide risk management at Salomon Brothers and was a member of Salomon's powerful Risk Management Committee. Mr. Bookstaber also spent ten years at Morgan Stanley in quantitative research and as a proprietary trader, concluding his tenure there as Morgan Stanley's first market risk manager. He is the author of three books and scores of articles on finance topics ranging from options theory to risk management. Bookstaber received a Ph.D. in economics from MIT.
| SKU | Unavailable |
| ISBN 13 | 9780471227274 |
| ISBN 10 | 0471227277 |
| Title | A Demon of Our Own Design |
| Author | Richard Bookstaber |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | John Wiley and Sons Ltd |
| Year published | 2007-04-01 |
| Number of pages | 288 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |