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Chaos Kings

how Wall Street traders make billions in the new age of crisis
TaschenbuchKartoniert, Paperback
336 Seiten
Englisch
Scribe UKerscheint am26.09.2024
A veteran Wall Street Journal reporter dives into the world of billion-dollar traders and high-stakes crisis predictors who strive to turn extreme events into financial windfalls. There´s no doubt that our world has gotten more extreme. Pandemics, climate change, superpower rivalries, technological disruption, political radicalisation, religious fundamentalism - all threaten chaos that put trillions in assets at risk. But around the world, across a wide variety of disciplines, would-be super-forecasters are trying to take the guesswork out of what formerly seemed like random chance. Some put their faith in black swans´ - unpredictable, catastrophic events that can´t be foreseen but send exotic financial instruments screaming in high-profit directions. Most famous among this group of big-bet traders are those who run the Universa fund, who, on days of extreme upheaval, have made as much as $1 billion.Author Scott Patterson gained exclusive access to Universa strategists and met with savvy seers in a variety of fields, from earthquake prediction to counterterrorism to climatology, to see if it´s actually possible to bet on disaster - and win. Riveting, relevant, and revelatory, this is a must-read for anyone curious about how some of today´s investors alchemise catastrophe into profit.mehr
Verfügbare Formate
BuchGebunden
EUR30,00
TaschenbuchKartoniert, Paperback
EUR22,00
TaschenbuchKartoniert, Paperback
EUR20,00
TaschenbuchKartoniert, Paperback
EUR14,50

Produkt

KlappentextA veteran Wall Street Journal reporter dives into the world of billion-dollar traders and high-stakes crisis predictors who strive to turn extreme events into financial windfalls. There´s no doubt that our world has gotten more extreme. Pandemics, climate change, superpower rivalries, technological disruption, political radicalisation, religious fundamentalism - all threaten chaos that put trillions in assets at risk. But around the world, across a wide variety of disciplines, would-be super-forecasters are trying to take the guesswork out of what formerly seemed like random chance. Some put their faith in black swans´ - unpredictable, catastrophic events that can´t be foreseen but send exotic financial instruments screaming in high-profit directions. Most famous among this group of big-bet traders are those who run the Universa fund, who, on days of extreme upheaval, have made as much as $1 billion.Author Scott Patterson gained exclusive access to Universa strategists and met with savvy seers in a variety of fields, from earthquake prediction to counterterrorism to climatology, to see if it´s actually possible to bet on disaster - and win. Riveting, relevant, and revelatory, this is a must-read for anyone curious about how some of today´s investors alchemise catastrophe into profit.
Details
ISBN/GTIN978-1-915590-91-6
ProduktartTaschenbuch
EinbandartKartoniert, Paperback
FormatB-Format Paperback (UK)
Verlag
Erscheinungsjahr2024
Erscheinungsdatum26.09.2024
Seiten336 Seiten
SpracheEnglisch
MasseBreite 129 mm, Höhe 198 mm, Dicke 20 mm
Artikel-Nr.61321707
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Autor

Scott Patterson has been a reporter for nearly two decades, mostly at The Wall Street Journal in New York City; Washington, DC; and London. Most recently, he has been focused on the negative impacts of climate change and their effect on the financial system. His 2010 New York Times bestseller The Quants was about the rise of mathematical traders and their near destruction of the financial system. His second book, Dark Pools, exposed high-frequency trading risks and was lauded by a pantheon of financial writers, including James Stewart and Michael Lewis. A winner of the Loeb Breaking News Award, Patterson has made frequent appearances in the media, including on CNBC, The Daily Show, and Fresh Air. He lives in Alexandria, Virginia, with his wife and son.