Too Smart for Our Own Good: Ingenious Investment Strategies, Illusions of Safety, and Market Crashes
- 14h 11m 30s
- Bruce I. Jacobs
- Recorded Books, Inc.
- 2018
Financial crises are often blamed on unforeseeable events, the unforgiving nature of capital markets, or just plain bad luck. Too Smart for Our Own Good argues that these crises are caused by certain alluring investment strategies that promise both high returns and safety of capital. In other words, the severe and widespread crises we have suffered in recent decades were not perfect storms. Instead, they were made by us. By understanding how and why this is so, we may be able to avoid or ameliorate future crises - and maybe even anticipate them.
In this Audiobook
-
Chapter 1 - Reducing Risk
-
Chapter 2 - Black Monday 1987
-
Chapter 3 - Replicating Options
-
Chapter 4 - Portfolio Insurance and Futures Markets
-
Chapter 5 - Portfolio Insurance and the Crash
-
Chapter 6 - After the 1987 Crash—Options
-
Chapter 7 - Options, Hedge Funds, and the Volatility of 1998
-
Chapter 8 - Long-Term Capital Management
-
Chapter 9 - Long-Term Capital Management Postmortem
-
Chapter 10 - The Credit Crisis and Recession, 2007–2009
-
Chapter 11 - Blowing Bubbles
-
Chapter 12 - Weapons of Mass Destruction
-
Chapter 13 - Securitization and the Housing Bubble
-
Chapter 14 - Securitization and the Credit Crisis
-
Chapter 15 - After the Storm, 2010–2018
-
Chapter 16 - The European Debt Crisis
-
Chapter 17 - Illusions of Safety and Market Meltdowns
-
Chapter 18 - Taming the Tempest
SHOW MORE
FREE ACCESS
