{"product_id":"the-money-formula","title":"The Money Formula","description":"\u003cp\u003e\u003cb\u003ePRAISE FOR THE MONEY FORMULA\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"This book has humor, attitude, clarity, science and common sense; it pulls no punches and takes no prisoners.\"\u003cbr\u003e \u003cb\u003e—Nassim Nicholas Taleb,\u003c\/b\u003e Scholar and former trader \u003c\/p\u003e\u003cp\u003e\"There are lots of people who'd prefer you didn't read this book: financial advisors, pension fund managers, regulators and more than a few politicians. That's because it makes plain their complicity in a trillion dollar scam that nearly destroyed the global financial system. Insiders Wilmott and Orrell explain how it was done, how to stop it happening again – and why those with the power to act are so reluctant to wield it.\"\u003cbr\u003e\u003cb\u003e —Robert Matthews,\u003c\/b\u003e Author of \u003ci\u003eChancing It: The Laws of Chance and How They Can  Work for You\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\"Few contemporary developments are more important – and more terrifying – than the increasing power of the financial system in the global economy. This book makes it clear that this system is operated either by people who don't know what they are doing or who are so greed-stricken that they don't care. Risk is at dangerous levels. Can this be fixed? It can and this book – full of healthy skepticism and high expertise – shows how.\"\u003cbr\u003e\u003cb\u003e —Bryan Appleyard,\u003c\/b\u003e Author and \u003ci\u003eSunday Times\u003c\/i\u003e writer \u003c\/p\u003e\u003cp\u003e\"In a financial world that relies more and more on models that fewer and fewer people understand, this is an essential, deeply insightful as well as entertaining read.\" \u003cbr\u003e\u003cb\u003e —Joris Luyendijk,\u003c\/b\u003e Author of \u003ci\u003eSwimming with Sharks: My Journey into the World of the Bankers\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\"A fresh and lively explanation of modern quantitative finance, its perils and what we might do to protect against a repeat of disasters like 2008-09. This insightful, important and original critique of the financial system is also fun to read.\" \u003cbr\u003e\u003cb\u003e —Edward O. Thorp,\u003c\/b\u003e Author of \u003ci\u003eA Man for All Markets\u003c\/i\u003e and New York Times bestseller \u003ci\u003eBeat the Dealer\u003c\/i\u003e\u003c\/p\u003e","brand":"David Orrell","offers":[{"title":"Default Title","offer_id":42855367049277,"sku":"9781119358619","price":43.16,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0597\/7689\/2989\/files\/9781119358619_ff7581a6-355f-4787-b0da-2562c4f4a8b8.jpg?v=1766949730","url":"https:\/\/www.palmleaf.com.au\/products\/the-money-formula","provider":"Palmleaf","version":"1.0","type":"link"}