More Money Than God: Hedge Funds and the Making of a New Elite (Council on Foreign Relations Books (Penguin Press))

The definitive history of hedge funds, from their origins in the 1960s to their role in the financial crisis of 2007 to 2009—and explains why understanding the history of hedge funds is key to predicting the future of finance.

With unprecedented access to the industry, esteemed financial writer Sebastian Mallaby tells the inside story of the hedge funds, drawing on his keen sense of financial theory and vivid narrative style.

From larger-than-life characters and dramatic tales of financial triumphs and reversals, Mallaby weaves into his narrative just the right amount of economic theory and market history to explain complex trading strategies in simple terms.

This is a must-read for anyone interested in understanding the role of hedge funds in shaping the future of finance.