Traders, Guns & Money Knowns And Unknowns in the Dazzling World of Derivatives

Warren Buffet once memorably described derivatives as "financial weapons of mass destruction". Read this sensational and controversial accountof the often dazzling business of derivatives trading, and see if you agree. No money is ever really made in financial markets. Markets merely transfer wealth. As to howto make money? Well, it is basically theft, misrepresentation, lies, cheating, deception or force. It is impossible to make the staggering amounts made in derivatives in good years honestly. Traders, Guns & Moneyis a wry and wickedly comic expose of the culture, games, and pure deceptions played out every day in trading rooms around the world, usually with other people's money. Whether you move in the financial world yourself, know people who do, or have money invested in stocks, shares or derivatives, this is a fascinating read guaranteed to make you think.Das, Satyajit is the author of 'Traders, Guns & Money Knowns And Unknowns in the Dazzling World of Derivatives', published 2006 under ISBN 9780273704744 and ISBN 0273704745.