
If you like books concerning financial history, then definitely read The Ascent of Money by Niall Ferguson. The evolutionary path of money as a medium of exchange to the complexity of today's financial system is well outlined. Mr Ferguson mixes in the right level of overview and detail as he covers the origins of banking to debt instruments to equity markets to hedge funds. Most compelling is how he introduces assorted personalities (no shortage of rascals) that shaped our financial world. Plenty of tidbits here and plenty of well-explained basics and beyond.
No comments:
Post a Comment