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stastna_karolina 's review for:
★★★★★★★★☆☆ 8/10
REVIEW ON YOUTUBE
The hedge funds changed Wall Street. They made billions through financial speculation and by placing bets in the market. And in hedge fund circles, Steven A. Cohen was revered as one of the greatest traders who ever lived. But that image was shattered when his fund, SAC Capital, became the target of a seven-year government investigation.
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I always say that people should read more non-fiction books since there are so many books that are even more thrilling than fiction stories. This book is one of them.
Black Edge examines the power and wealth of people who are shaping the economy. Ms. Kolhatkar shows us that in the world of trading, getting the right information is key. Even when that information is obtained on the black edge.
But what is the black edge? It is the kind of information - proprietary, non-public, and certain to move markets. It is the most valuable information of all, but by no means is it easy to acquire since it often includes illegal practices. In this engaging book, we will examine how the hedge funds companies are obtaining those secret information and the police's attempts to stop it.
GOOD: accessible language and an approachable tone. This book reads more like a novel
VS BAD: if you are not in the least interested in the topic of finance and Wall Street, you will find this book hard to follow and not very interesting
IS THIS A BOOK FOR YOU? Great for people interested in finance, politics, lobbying. If you enjoyed the Wolf of Wall Street or Catch me if you can, you will like this book as well.
FAVORITE QUOTE:
"Hundreds of doctors involved in drug research and middle managers at technology companies were moonlighting for these expert network firms, taking money to have "consultations" with hedge fund traders. The consultants weren't supposed to disclose confidential information, but there was little in place to prevent that from happening."
INSTAGRAM
PERSONAL INSTAGRAM
YOUTUBE
REVIEW ON YOUTUBE
The hedge funds changed Wall Street. They made billions through financial speculation and by placing bets in the market. And in hedge fund circles, Steven A. Cohen was revered as one of the greatest traders who ever lived. But that image was shattered when his fund, SAC Capital, became the target of a seven-year government investigation.
--
I always say that people should read more non-fiction books since there are so many books that are even more thrilling than fiction stories. This book is one of them.
Black Edge examines the power and wealth of people who are shaping the economy. Ms. Kolhatkar shows us that in the world of trading, getting the right information is key. Even when that information is obtained on the black edge.
But what is the black edge? It is the kind of information - proprietary, non-public, and certain to move markets. It is the most valuable information of all, but by no means is it easy to acquire since it often includes illegal practices. In this engaging book, we will examine how the hedge funds companies are obtaining those secret information and the police's attempts to stop it.
GOOD: accessible language and an approachable tone. This book reads more like a novel
VS BAD: if you are not in the least interested in the topic of finance and Wall Street, you will find this book hard to follow and not very interesting
IS THIS A BOOK FOR YOU? Great for people interested in finance, politics, lobbying. If you enjoyed the Wolf of Wall Street or Catch me if you can, you will like this book as well.
FAVORITE QUOTE:
"Hundreds of doctors involved in drug research and middle managers at technology companies were moonlighting for these expert network firms, taking money to have "consultations" with hedge fund traders. The consultants weren't supposed to disclose confidential information, but there was little in place to prevent that from happening."
PERSONAL INSTAGRAM
YOUTUBE