Title
A Demon Of Our Own Design: Markets, Hedge Funds, And The Perils Of Financial Innovation,New
Delivery time: 8-12 business days (International)
Inside Markets, Innovation, And Riskwhy Do Markets Keep Crashing And Why Are Financial Crises Greater Than Ever Before? As The Risk Manager To Some Of The Leading Firms On Wall Streetfrom Morgan Stanley To Salomon And Citigroupand A Member Of Some Of The Worlds Largest Hedge Funds, From Moore Capital To Ziff Brothers And Frontpoint Partners, Rick Bookstaber Has Seen The Ghost Inside The Machine And Vividly Shows Us A World That Is Even Riskier Than We Think. The Very Things Done To Make Markets Safer, Have, In Fact, Created A World That Is Far More Dangerous. From The 1987 Crash To Citigroup Closing The Salomon Arb Unit, From Staggering Losses At Ubs To The Demise Of Longterm Capital Management, Bookstaber Gives Readers A Front Row Seat To The Management Decisions Made By Some Of The Most Powerful Financial Figures In The World That Led To Catastrophe, And Describes The Impact Of His Own Activities On Markets And Market Crashes. Much Of The Innovation Of The Last 30 Years Has Wreaked Havoc On The Markets And Cost Trillions Of Dollars. A Demon Of Our Own Design Tells The Story Of Mans Attempt To Manage Market Risk And What It Has Wrought. In The Process Of Showing What We Have Done, Bookstaber Shines A Light On What The Future Holds For A World Where Capital And Power Have Moved From Wall Street Institutions To Elite And Highly Leveraged Hedge Funds.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main theme of 'A Demon of Our Own Design'? A: The main theme of 'A Demon of Our Own Design' revolves around the complexities of financial markets, the risks associated with financial innovation, and how attempts to manage these risks often lead to greater market instability.
- Q: Who is the author of this book? A: The author of 'A Demon of Our Own Design' is Richard M. Bookstaber, a risk manager with experience at major financial institutions and hedge funds.
- Q: What type of binding does this book have? A: This book is available in hardcover binding, which provides durability and a premium feel.
- Q: How many pages are in this book? A: 'A Demon of Our Own Design' contains 276 pages, offering a comprehensive exploration of its themes.
- Q: When was 'A Demon of Our Own Design' published? A: The book was published on January 1, 2007.
- Q: Is this book suitable for beginners in economics? A: While the book addresses complex financial concepts, it is written in a manner that can be understood by those with a basic interest in economics and finance.
- Q: What are some key topics covered in the book? A: Key topics include the history of financial crises, the role of hedge funds, risk management practices, and the impact of financial innovation on market stability.
- Q: Does the book provide real-life examples of market events? A: Yes, the book includes real-life case studies of significant market events, such as the 1987 crash and the collapse of Long-Term Capital Management.
- Q: What edition is this book? A: This is the First Edition of 'A Demon of Our Own Design'.
- Q: What category does this book fall under? A: The book falls under the category of Economics, focusing on market behavior and financial risk.