This revised and updated edition of Inside the House of Money lifts the veil on the typically opaque world of hedge funds, offering a rare glimpse at how today's highest-paid money managers approach their craft. Now with new commentary, author Steve Drobny takes you even further into the hedge fund industry. He demystifies how these star traders make billions for their well-heeled investors, revealing their theories, strategies, and approaches to markets.
While some still maintain that rationality permeates financial markets, Drobny captures a different dimension, showing how the unquantifiable human forces of emotion and intuition are also at play. Along the way, listeners get an inside look at firsthand trading experiences through some of the major world financial crises of the last few decades, including tragedies such as September 11th. Whether its Russian bonds, Pakistani stocks, Southeast Asian currencies, or stakes in African brewing companies, no market or instrument is out of bounds for these elite global macro hedge fund managers.
Highly accessible and filled with in-depth expert opinion, Inside the House of Money is a must-listen for financial professionals and anyone else interested in understanding how greed, fear, and the human forces of emotion drive world markets.