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TOOLS<br />

In the first chapter there is an introduction to Global<br />

Macro Hedge Funds written by Joseph G. Nicholas of HFR<br />

Group. The next chapter describes the history of Global<br />

Macro Hedge Funds, followed by some prospects about<br />

the future of Global Macro Hedge Funds. Then the book<br />

describes several prominent trading styles in detail.<br />

Chapter 4 discusses Family Offices and was written<br />

by Jim Leitner of Falcon Management. Next are the<br />

Prop Trader (Christian Siva-Jothy of SemperMacro),<br />

the Treasurer (Dr. John Porter by Barclays Capital), the<br />

Central Banker (Dr. Sushil Wadhwani by Wadhwani<br />

Asset Management), the Dot-Commer (Peter Thiel by<br />

Clarium Capital) and the Floor Trader (Yra Harris by<br />

Praxis Trading).<br />

Chapter 10 is about the Pioneer (Jim Rogers), chapter 11<br />

describes the Commodity Specialist (Dwight Anderson by<br />

Ospraie Management) and chapter 12 is about the Stock<br />

Operator (Scott Bessent of Bessent Capital).<br />

The final three chapters are about the Emerging<br />

Market Specialist (Marko Dimitrijevic´ of Everest Capital),<br />

the Fixed Income Specialists (David Gorton and Rob<br />

Standing of London Diversified Fund Management) and<br />

the Currency Specialist (anonymous author).<br />

Bibliography<br />

Title: Inside the House of Money<br />

Subtitle: Top Hedge Fund Traders on Profiting in the<br />

Global Markets, Revised and Updated<br />

Author: Steven Drobny, Niall Ferguson<br />

Pages: 368<br />

Price: $12.99, Paperback; $8.99, E-Book<br />

ISBN: 978-1-118-84328-4<br />

Release: April 2014<br />

Publisher: John Wiley & Sons, Inc.<br />

Conclusion<br />

Altogether, the book provides great insights in the thinking<br />

of these great minds and their strategies (in parts). The<br />

book is absolutely worth the read as Steve Drobny once<br />

again shows his ability to find the best managers in the<br />

industry, relate to them and conduct great interviews<br />

readers can learn a lot from. «<br />

35

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