Bookstaber, Richard M., 1950-

A demon of our own design : markets, hedge funds, and the perils of financial innovation / Richard Bookstaber. - Hoboken, N.J. : J. Wiley, c2007. - xii, 276 p. ; 24 cm.

Includes bibliographical references and index.

Introduction: the paradox of market risk -- The demons of '87 -- A new sheriff in town -- How Salomon rolled the dice and lost -- They bought Salomon, then they killed it -- Long-term capital management rides the leverage cycle to hell -- Colossus -- Complexity, tight coupling, and normal accidents -- The brave new world of hedge funds -- Cockroaches and hedge funds -- Hedge fund existential -- Conclusion : built to crash?

9780471227274 (cloth)

2006034368


Hedge funds.
Risk management.
Gestión de riesgos
Fondos de cobertura

HG 4530 / B724d 2007

332.64/524