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Inside the House of Money
Book

Inside the House of Money

Top Hedge Fund Traders on Profiting in the Global Markets

Wiley, 2006
First Edition: 2006 Mehr


Editorial Rating

7

Recommendation

This fascinating book will take you into the world of current global macro investing. Steven Drobny interviews 13 successful traders, analysts and fund managers who participate in global macro investing in many different ways. Although some of the discussions are technical (but never mathematical), they are readable and easy to understand. Drobny also provides some information on the origins and early years of global macroeconomic investing, from John Keynes to George Soros. He talks to his interviewees about their backgrounds and asks their investment advice. His question-and-answer approach keeps things moving. getAbstract enjoyed Drobny’s descriptions of the people he interviewed, though the interview-style format leads to somewhat choppy data. This book is surprisingly fun for what could have become a very dense, technical tome in less skilled hands.

Take-Aways

  • John Maynard Keynes pioneered global macroeconomics investment.
  • Global macro investing uses a broad range of approaches that continue to evolve and shift.
  • Global macro traders need talent – and relish – for math, economics and history.

About the Author

Steven Drobny has worked in various countries for a major international bank’s hedge fund group, and is co-founder of a consultancy that provides macroeconomic research to leading global hedge funds.


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