
Traders, Guns and Money
Knowns and Unknowns in the Dazzling World of Derivatives
Satyajit Das(Author)
FT Publishing International
3rd Edition
Published on 16. January 2020
Book
Paperback/Softback
440 pages
978-1-292-33913-9 (ISBN)
Description
Traders Guns and Money is a wickedly comic expose of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people's money.
A sensational insider's view of the business of trading and marketing derivatives, this revised edition explains the frighteningly central role that derivatives and financial products played in the global financial crisis.
This worldwide bestseller reveals the truth about derivatives: those financial tools memorably described by Warren Buffett as 'financial weapons of mass destruction'. Traders, Guns and Money will introduce you to the players and the practices and reveals how the real money is made and lost.
The global financial crisis took almost everyone by surprise and even now new problems keep appearing and solutions continue to be elusive. In the original version of Traders, Guns and Money, Satyajit Das provided a highly prescient insight into the structure and risk of the world financial system exposing the problems that are becoming readily apparent. In a 2006 speech - The Coming Credit Crash - Das argued that: "an informed analysis ... shows that risk is not better spread but more leveraged and (arguably) more concentrated.... This does not improve the overall stability and security of the financial system but exposes it to increased risk of a "crash".
A sensational insider's view of the business of trading and marketing derivatives, this revised edition explains the frighteningly central role that derivatives and financial products played in the global financial crisis.
This worldwide bestseller reveals the truth about derivatives: those financial tools memorably described by Warren Buffett as 'financial weapons of mass destruction'. Traders, Guns and Money will introduce you to the players and the practices and reveals how the real money is made and lost.
The global financial crisis took almost everyone by surprise and even now new problems keep appearing and solutions continue to be elusive. In the original version of Traders, Guns and Money, Satyajit Das provided a highly prescient insight into the structure and risk of the world financial system exposing the problems that are becoming readily apparent. In a 2006 speech - The Coming Credit Crash - Das argued that: "an informed analysis ... shows that risk is not better spread but more leveraged and (arguably) more concentrated.... This does not improve the overall stability and security of the financial system but exposes it to increased risk of a "crash".
More details
Series
Edition
3rd edition
Language
English
Place of publication
Harlow
United Kingdom
Publishing group
Pearson Education Limited
Target group
Professional and scholarly
Dimensions
Height: 195 mm
Width: 128 mm
Thickness: 24 mm
Weight
468 gr
ISBN-13
978-1-292-33913-9 (9781292339139)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Satyajit Das
Traders, Guns and Money
E-Book
07/2020
3rd Edition
Pearson Education Limited
€12.49
Available for download

Satyajit Das
Traders, Guns and Money PDF eBook
Knowns and Unknowns in the Dazzling World of Derivatives
E-Book
02/2014
3rd Edition
Pearson FT Press
€10.49
Available for download
Previous edition

Book
07/2012
3rd Edition
FT Publishing International
€13.63
Article exhausted; check for reprint
Person
Satyajit Das is an internationally respected expert in finance with over 30 years' experience. He has worked for the 'sell side' (Citicorp Investment Bank and Merrill Lynch), the 'buy side' (as Treasurer of the TNT Group), and as a consultant advising banks, investors, corporations, and central banks worldwide. Das was selected as one of the 50 most influential financial thinkers in the world by Bloomberg in 2014.