More Money Than God

Wealthy, powerful, and potentially dangerous, hedge fund managers have emerged as the stars of twenty-first-century capitalism. Based on unprecedented access to the industry, MORE MONEY THAN GOD provides the first authoritative history of hedge funds.A saga of riches and rich egos, this is also a history of discovery. Drawing on insights from mathematics, economics and psychology to crack the mysteries of the market, hedge funds have transformed the world, spawning new markets in exotic financial instruments and rewriting the rules of capitalism.“A superbly researched history of hedge-fund heroes stretching back to the 1950s, it is a fascinating tale of the contrarian and cerebral misfits who created successful, flexible businesses in an otherwise conventional financial world” THE ECONOMIST