The Invisible Hands, Jared Diamond
The Invisible Hands, Jared Diamond
List: $24.99 | Sale: $17.50
Club: $12.49

The Invisible Hands
Top Hedge Fund Traders on Bubbles, Crashes, and Real Money

Author: Jared Diamond, Steven Drobny, Nouriel Roubini

Narrator: Basil Sands

Unabridged: 14 hr 43 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 05/06/2021

Includes: Bonus Material Bonus Material Included


Synopsis

In light of the colossal losses and amidst the resulting confusion that still permeates, it is time to rethink money management in the broadest of terms. Drastic changes need to be made and examining managers who actually made money during 2008 is a logical starting place.  It is striking that most of the money managers that prospered through the crisis were those that understood the broader macro environment and readjusted and realigned to a different environment, no longer relying on old and outdated models. The Invisible Hands provides investors and traders with the latest thinking from the best and the most successful key players in money management, highlighting the specific risk and return objectives of each, and then discusses the evolution of certain styles and beliefs in money management.  These top macro thinkers reveal their own approaches to markets, risk, and the broader complex world in which we live, as well as their advice as to how investors should be approaching money management.

About Jared Diamond

JARED DIAMOND has been the national baseball writer for the Wall Street Journal since 2017. Prior to that, he spent a season as the Journal’s Yankees beat writer and three seasons as their Mets beat writer. In his current role, he leads the newspaper’s baseball coverage. This is his first book. 


Reviews

Goodreads review by Zak on February 07, 2018

In this book, Steven Drobny interviews primarily macro hedge fund managers who actually finished the year up during the Great Financial Crisis of 2008 (two of them were marginally down), while 'real money' managers like pension funds, endowments, insurance companies, etc. suffered huge losses. The i......more

Goodreads review by Terry on December 07, 2018

The Invisible Hands attempts to critique and improve the long-term investment performance of real money managers (pension funds; endowments; etc) by studying the techniques of top hedge fund managers, primarily those engaged in macro investing. The book is a long set of interviews with these top fun......more

Goodreads review by Matthew on October 06, 2010

Excellent and deep. Nothing you can take away and immediately implement, but tons to chew over about how these top money managers (across different asset classes -- bonds, equities, commodities, multi strat) approach the markets, think about and dig deep into what they do. Definitely something to re......more

Goodreads review by Asif on November 10, 2016

Found it a bit boring.......more

Goodreads review by Carl on August 25, 2016

I was excited to purchase this book following Inside the House of Money, but found it noticeably weaker. My main complaint would be that Drobny focused very narrowly on real money and should have just renamed the title "The Smoke and Mirrors in Pension Funds." Traders or other fund managers might de......more