What are hedge funds, and what social functions do they serve?

Re:What are hedge funds, and what social functions do they s... by tptacek on Tuesday September 23, 2014 @08:20AM (#8354977)

Sure, I know that, but my point is that the LTCM story is actually easier to follow than Liar's Poker, and knowing who the characters are coming in to LP makes it easier to follow. There's really nothing in Lewis' book that explains anything about LTCM, but there's stuff in WGF that shines a light on some minor characters in LP.

Read When Genius Failed first.

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Re:What are hedge funds, and what social functions do they s... by jackgavigan on Tuesday September 23, 2014 @09:21AM (#8355188)

I'm not talking about just the characters. I'm talking about background and context.

You clearly disagree, which you're perfectly entitled to do.

For everyone else: I've worked in the financial markets for over a decade, I'm an ex-trader who used to deal with hedge funds like (and including) George Soros's Quantum Fund. My advice is to read Liar's Poker first.

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Re:What are hedge funds, and what social functions do they s... by tptacek on Tuesday September 23, 2014 @09:24AM (#8355197)

You have me curious now. What's some of the background and context from Liar's Poker that's valuable for reading When Genius Failed?

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