This is a great read that is clear and entertaining, but I'm not sure how many people are really interested in financial derivatives. I work with them, so this book is providing a basic background that, so far, I haven't found anywhere else.

It's not as memorable as other books that use the "three nouns, one of which is 'guns'" structure for their titles. However, it's an enjoyably cynical introduction to the dangers of derivatives, which is prophetic since it was published in 2006. This features the best explanation of Black-Scholes that I've ever read, and it's in-text translations of bankerese are amazing.

Grandioso libro en el que un trader de volatilidad de tipos cuenta un montón de historias interesantes sobre el negocio, mezcladas con divertidas opiniones y en general repartiendo estopa a todo lo que se menea. Un compañero a quien se lo presté me dijo que era "demasiado real". Un grandísimo libro.

This book is a very clever, very detailed and well written account of a lifetime career in the world of the OTC derivatives market. It gives us a good picture of the fundamentals that is driving the international financial markets.

I watched the documentary Inside Job about the 2008 Financial Crisis and by far the author of Trader's Guns & Money Satyajit Das was the most interesting participate by far.

I was looking forward to reading this book because of the great amount of incite that he brought within Inside Job.

Honestly I consider myself a very Financially Savvy person, I really understand and deal with a variety of "Financial Instruments" but this book went into far too much detail for someone like myself.

I felt dizzy at certain points and I like to consider myself a quick reader but it took me 2-3 hours to read the first 30 pages.

I had to put this book down.

Maybe one day after I graduate with an MBA from a business school I will be able to pick it up again, but until that happens this goes right back to the Queens Public Library after page 30!

I'll be blunt: sometimes this book is painful to read. It isn't because the author is a bad writer, I think it's just because he has no central narrative beyond "finance is a crapsack world". He also has no central story: it's basically a loosely (sometimes whiplash inducing) collection of short stories and narratives about his experiences in the derivative trading Universe.

Some of these would make GREAT articles. Collectively, they do not make a good book or a good read.

HOWEVER, the content, if you can slog through the books flaws, is excellent. They are, in fact, ideas and observations several years ahead of their time.

Nearly everything banking related that would go wrong in the great recession is talked about in this book, and that makes it an asset.

It also explains derivatives contracts and financial trading strategys EXTREMELY well, so in that respect, it is also an asset.

However, I cannot give it more than 3 stars. That's being generous.

However, it's a 3 star book that I will proudly keep stored in my library, so perhaps that can be considered a endorsement of sorts.

An enlightening read from an intellectual aspect...the author does an admirable job translating the obscure, and often obtuse, world of financial derivatives into layman's terms. Although I found some of the characters is this book to be charming, I kept waiting for more. The lack of a solution, or attempt to rationalize the issues presented by this book, left me wanting more. I don't recommend this book for anyone who is not fascinated by trading and the financial markets. There were a disturbing number of grammatical errors, especially towards the latter half of the book. In the end, I was happy to be done with it.

Enjoyed this books written as an easy read explaining the cause by the reason for the GFC. Worth reading as it appears that this probably has not been dealt with and vested interests are fighting hard to avoid any more than light touch supervision. Will be interesting to see what the Libor scandal unearths . . .

This book is proof that, no matter the topic, a good story being told will be able to engage pretty much any reader.

Obat Penggugur Janin @ http://aborsi-tuntas.com/ @ Obat Penggugur kandungan Obat Peluntur Jani, Obat Peluntur Kandungan

Detailed book on derivatives. Although it is an interesting read, it is so caustic in the generic description of the derivatives chaos that it quickly loses credibility. The author uses its experience to attack all bankers and financial institutions under all available lenses. Banking practices are joked about. Excesses, fraud and wrongdoing are not distinguished from serious, ethical work. It is hard to differentiate the joke from the reality.

Despite what some reviewers say about the book bringing derivatives to the masses and making the understanding of them easier, it is still better to have some experience with them through working or studying derivative courses previously to be more appreciative of Satyajit Das' writing. This is in no fault Das' but rather the complicated nature of derivatives. It's actually not an easy topic to write about but Das does this with finesse, ease and candour.

It gets a wee bit complicated and maybe boring towards the last few chapters because of the large amount of information. But yes, it's a very informative book, written by an experienced banker that takes the stance of the anti-establishment. Also a bit ironic yes?