The intention of this book is to entertain and explain the supposedly arcane areas of "high finance" with humour. It starts from the premise that there are only five things you can do with money: buy it, borrow it, lend or sell it, or if your have enough - sit on it. Martin Baker sees the market as a disparate group of highly-paid people with a common economic purpose and the collective intelligence of a trout. Financial markets need psychiatrists to show why and how the market moves and to explain the role of rumour and ...
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The intention of this book is to entertain and explain the supposedly arcane areas of "high finance" with humour. It starts from the premise that there are only five things you can do with money: buy it, borrow it, lend or sell it, or if your have enough - sit on it. Martin Baker sees the market as a disparate group of highly-paid people with a common economic purpose and the collective intelligence of a trout. Financial markets need psychiatrists to show why and how the market moves and to explain the role of rumour and the irrelevance of statistics. He tells us what really happens in foreign exchange markets and why drugs and a German sports car are absolutely necessary to facilitate international currency exchange in which more than three times the annual gross national product of the USA changes hands every day in dealing rooms run by over-confident and under-educated young people. Stockbrokers' jargon is explained, as are banks, the explosion of credit cards and the colossal power without responsibility of fund managers. Baker shows how the search for "ethical" investment is self-deluding nonsense and how the slave labour markets of South East Asia are the object of a mini-revival. Martin Baker's thesis is that financial markets are useful but crazy.
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Add this copy of A Fool and His Money to cart. $10.99, good condition, Sold by Wyemart Limited rated 5.0 out of 5 stars, ships from HEREFORD, HEREFORDSHIRE, UNITED KINGDOM, published 1996 by Orion.
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Add this copy of A Fool and His Money to cart. $18.20, very good condition, Sold by Greener Books rated 4.0 out of 5 stars, ships from London, UNITED KINGDOM, published 1995 by Orion.
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Very good. **SHIPPED FROM UK** We believe you will be completely satisfied with our quick and reliable service. All orders are dispatched as swiftly as possible! Buy with confidence! Greener Books.
Add this copy of A Fool and His Money to cart. $34.57, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1996 by Orion mass market paperback.
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