BOOK REVIEW: “Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager”

There have been a lot of books written about the Great Recession, with surely more to come.  “Diary of a Very Bad Year” is different in that it was actually written during the crisis.  Keith Gesson, a writer for n+1 magazine, was introduced to the Anonymous Hedge Fund Manager (HFM) by a friend and interviewed… Continue reading BOOK REVIEW: “Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager”

BOOK REVIEW: “Crisis Economics” by Nouriel Roubini and Stephen Mihm

Back during the go-go days of the mid-naughts when housing prices were appreciating at dizzying rates, Nouriel Roubini put out a prediction that the increase was unsustainable and would lead to a crash.  For that he earned the nickname “Dr. Doom”, which was not meant as a compliment.  As we have all painfully learned, his… Continue reading BOOK REVIEW: “Crisis Economics” by Nouriel Roubini and Stephen Mihm

BOOK REVIEW: “Last Call: The Rise and Fall of Prohibition” by Daniel Okrent

One of the more fascinating periods in U.S. history is the era bookended by the beginning of the enforcement of the 18th amendment in 1920 to the Constitution and the ratification of the 21st amendment repealing the 18th amendment in 1933.  The 21st amendment still stands as the only amendment to undo a previous amendment. … Continue reading BOOK REVIEW: “Last Call: The Rise and Fall of Prohibition” by Daniel Okrent

BOOK REVIEW: “Soccernomics” by Simon Kuper and Stefan Szymanski

“Freakonomics” for Soccer. “Moneyball” for futbol.  If you remember nothing else from this review than that, you will have the major point.  “Soccernomics” is a book that applies economic principles to the game of soccer.  While European soccer is the main focus of the book, Americans will find something of interest since the authors make… Continue reading BOOK REVIEW: “Soccernomics” by Simon Kuper and Stefan Szymanski

BOOK REVIEW: “The Mysterious Multi” by Mark Horton and Jan Van Cleeff

Finally a book for ACBL-land about the Multi 2♦ bid.  Multi is not allowed in most ACBL competitions because it is considered too esoteric for club-level players to effectively defend against.  In Europe however, it is a very common convention.  One can only hope that this book will start a movement in North America to… Continue reading BOOK REVIEW: “The Mysterious Multi” by Mark Horton and Jan Van Cleeff

BOOK REVIEW: “The Greatest Trade Ever” by Gregory Zuckerman

We all know the story.  Housing prices got way overheated and eventually had to come down.  Unfortunately, not everyone realized that while it was happening.  In fact, very few people realized that.  Even fewer had the access to the financial instruments that would allow them to profit from the inevitable fall.  “The Greatest Trade Ever”… Continue reading BOOK REVIEW: “The Greatest Trade Ever” by Gregory Zuckerman