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Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager - Softcover

 
9780061965302: Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager
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Pub Date: 2010-06-22 Pages: 272 Language: English Publisher: HarperCollins US The First Book from n + 1 - an Essential Chronicle of Our Financial Crisis HFM: Where are you going to buy protection on the US governments credit I mean . if the US defaults. what bank is going to be able to make good on that contract Who are you going to buy that contract from. the Martians n + 1: When does this begin to feel like less of a cyclical thing. like the weather. and more of a permanent. end-of-the-world kind of thing HFM: When you see me selling apples out on the street. thats when you should go stock up on guns and ammunition.

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Review:
"My favorite book written about the financial crisis. . . . Highly recommended."--Ezra Klein, The Washington Post

"Diary of a Very Bad Year is a rarity: a book on modern finance that's both extraordinarily thoughtful and enormously entertaining."--James Surowiecki, author of The Wisdom of Crowds

"A highly readable refresher on the financial crisis. . . . Amazingly--and largely because of the anonymity he's granted--the nameless hedgie gives straight answers. . . . While HFM comes off as a bro you don't want to mess with, the book is packed with plenty of humor."--The Wall Street Journal

"HFM does a good job of teaching the reader how mortgage-backed paper, money-market funds, and credit-default swaps work, while offering up juicier tidbits about the ethics and legalities of his sector."--Time Out New York

"A great read. . . . HFM offers a brilliant financial professional's view of the economic situation in real time, from September 2007, when problems in financial markets began to surface, until late summer 2009."--Booklist

"A wonderful book. Diary of a Very Bad Year is a fascinating commentary on the crisis and a great read."--David Backus, Professor of Economics and Finance, NYU's Stern School of Business

"Eminently readable. . . . Always engaging. . . . Although it is not fiction, Diary of a Very Bad Year is, in its own way, an attempt to bridge the gulf between the literary and financial worlds."--Financial Times

"Diary of a Very Bad Year does something few of the books written about the crisis have accomplished: It delivers an insider perspective on the events in real time, rather than dwelling on conclusions reached after the fact."--BusinessWeek

"Diary of a Very Bad Year takes the first steps toward putting a human face on the funds."--Newsweek

"Thoughtful, funny and unpretentious. . . . An unexpected treat that belongs on the shelf once labeled belles-lettres. . . . It is plenty enjoyable to watch HFM's mind unfurl."--Dwight Garner, The New York Times
From the Back Cover:

The First Book from n+1--an Essential Chronicle of Our Financial Crisis

HFM: Where are you going to buy protection on the U.S. government's credit? I mean, if the U.S. defaults, what bank is going to be able to make good on that contract? Who are you going to buy that contract from, the Martians?

n+1: When does this begin to feel like less of a cyclical thing, like the weather, and more of a permanent, end-of-the-world kind of thing?

HFM: When you see me selling apples out on the street, that's when you should go stock up on guns and ammunition.

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  • PublisherHarper Perennial
  • Publication date2010
  • ISBN 10 0061965308
  • ISBN 13 9780061965302
  • BindingPaperback
  • Edition number1
  • Number of pages272
  • Rating

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