Download or read book Going Infinite The Rise and Fall of a New Tycoon written by Michael Lewis and published by W. W. Norton & Company. This book was released on 2023-10-03 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: AN INSTANT #1 NEW YORK TIMES BESTSELLER With a new afterword on Sam Bankman-Fried’s trial and its aftermath One of the New Yorker’s Best Books of 2023 • One of PureWow’s 42 Books to Gift in 2023 This Year • One of Fortune’s Best Crypto Books of 2023 “Going Infinite is in many ways Lewis at his best. He marshals a complex global story without losing sight of the delightful and revealing human details. He is a world-class noticer.” —Jesse Armstrong, writer and creator of HBO’s Succession, Times Literary Supplement “A stupefyingly pleasurable book to read.” —Gideon Lewis-Kraus, The New Yorker “Going Infinite is an instant classic.” —Helen Lewis, The Atlantic “Going Infinite is wildly entertaining, surprising multiple times on pretty much every page, but it adds up to a sad story, even a tragedy, for its central character and for all the people who lost so much thanks to his actions.” —John Lanchester, London Review of Books “Will join Digital Gold as one of the all-time best crypto books.”—Jeff John Roberts, Fortune “A wry, engaging writer and a gifted storyteller.” —Julia M. Klein, Los Angeles Times “It may be easy to take for granted how entertainingly [Michael Lewis] pulls it off again in Going Infinite.” —Brett Martin, GQ From the best-selling author of The Big Short and Flash Boys, the story of FTX’s spectacular collapse and the enigmatic founder at its center. When Michael Lewis first met him, Sam Bankman-Fried was the world’s youngest billionaire and crypto’s Gatsby. CEOs, celebrities, and leaders of small countries all vied for his time and cash after he catapulted, practically overnight, onto the Forbes billionaire list. Who was this rumpled guy in cargo shorts and limp white socks, whose eyes twitched across Zoom meetings as he played video games on the side? In Going Infinite Lewis sets out to answer this question, taking readers into the mind of Bankman-Fried, whose rise and fall offers an education in high-frequency trading, cryptocurrencies, philanthropy, bankruptcy, and the justice system. Both psychological portrait and financial roller-coaster ride, Going Infinite is Michael Lewis at the top of his game, tracing the mind-bending trajectory of a character who never liked the rules and was allowed to live by his own—until it all came undone.
Download or read book On the Edge written by Nate Silver and published by Penguin. This book was released on 2024-08-13 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Instant New York Times Bestseller “Engaging and entertaining… a glimpse of the economy of the future.” —Tim Wu, New York Times Book Review From the New York Times bestselling author of The Signal and the Noise, the definitive guide to our era of risk—and the players raising the stakes In the bestselling The Signal and the Noise, Nate Silver showed how forecasting would define the age of Big Data. Now, in this timely and riveting new book, Silver investigates “the River,” the community of like-minded people whose mastery of risk allows them to shape—and dominate—so much of modern life. These professional risk-takers—poker players and hedge fund managers, crypto true believers and blue-chip art collectors—can teach us much about navigating the uncertainty of the twenty-first century. By immersing himself in the worlds of Doyle Brunson, Peter Thiel, Sam Bankman-Fried, Sam Altman, and many others, Silver offers insight into a range of issues that affect us all, from the frontiers of finance to the future of AI. Most of us don’t have traits commonly found in the River: high tolerance for risk, appreciation of uncertainty, affinity for numbers—paired with an instinctive distrust of conventional wisdom and a competitive drive so intense it can border on irrational. For those in the River, complexity is baked in, and the work is how to navigate it. People in the River have increasing amounts of wealth and power in our society, and understanding their mindset—and the flaws in their thinking— is key to understanding what drives technology and the global economy today. Taking us behind the scenes from casinos to venture capital firms, and from the FTX inner sanctum to meetings of the effective altruism movement, On the Edge is a deeply reported, all-access journey into a hidden world of power brokers and risk-takers.
Download or read book A Comprehensive Guide for Web3 Security written by Ken Huang and published by Springer Nature. This book was released on 2024-01-28 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the recent debacle of cryptocurrency exchange FTX and the crypto trading company Alameda Research, the importance of comprehending the security and regulations of Web3, cryptocurrency, and blockchain projects has been magnified. To avoid similar economic and security failures in future Web3 projects, the book provides an essential guide that offers a comprehensive and systematic approach to addressing security concerns. Written by experts in tech and finance, it provides an objective, professional, and in-depth analysis of security and privacy issues associated with Web3 and blockchain projects. This book highlights the security related to foundational Web3 building blocks such as blockchain, crypto wallets, smart contracts, and token economics, and describes recommended security processes and procedures for Web3 application development such as DevSecOps, data analytics, and data authenticity via the oracle. Moreover, the book discusses the legal and regulatory aspects of Web3 and the reasons behind the failures of well-known Web3 projects. It also contains detailed case studies of web3 projects, analyses of the reasons for their failures, and some pending legal cases. This book is an excellent resource for a diverse range of readers, with particular appeal to web3 developers, architects, project owners, and cybersecurity professionals seeking to deepen their knowledge of Web3 security.
Download or read book Cryptomania written by Andrew R Chow and published by Simon and Schuster. This book was released on 2024-08-06 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: For fans of Bad Blood and Too Big to Fail, an explosive, page-turning account of one of the largest financial frauds in US history, chronicling the utopian promises, human collateral, and incineration of billions of dollars in the 2022 crypto crash, by Time magazine’s technology correspondent. As cryptocurrency rose in popularity during the pandemic, new converts bought into the idea that crypto would not only make them rich, but would usher in imminent revolutions across art, finance, politics, and gaming. Cryptocurrency caught the zeitgeist through figures like FTX CEO Sam Bankman-Fried, who only two years later would be convicted of one of the most calamitous acts of financial fraud in US history. During his meteoric rise, Sam Bankman-Fried outflanked idealists in the movement like Vitalik Buterin, who sought to build fairer, more democratic systems through Ethereum. Bankman-Fried pursued a growth-obsessed, by-any-means approach to crypto, which proved seductive to those who just wanted to get rich. But this Silicon Valley-like approach also drove the creation of a spate of high-risk financial instruments that mirrored those of the 2008 financial crisis. Accused of misleading investors and mishandling funds, Bankman-Fried became a target of prosecutors. Now, Cryptomania unfolds the tumultuous twenty months inside this male-dominated, overhyped industry that led to its downfall. Drawing on exclusive reporting and an extensive network in the global NFT community, Andrew Chow chronicles the battle for crypto’s soul, and the human toll of its economic meltdown—from the conmen and eccentrics driving the bubble to the victims caught in its burst.
Download or read book Hype Machine How Greed Fraud and Free Money Crashed Crypto written by Joshua Oliver and published by Heligo Books. This book was released on 2024-03-14 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A gripping real-life financial thriller.' CLAER BARRETT, AUTHOR OF WHAT THEY DON'T TEACH YOU ABOUT MONEY 'Anybody who wants to understand the cryptocurrency mania should read Hype Machine.' LIONEL BARBER, FORMER EDITOR OF THE FINANCIAL TIMES On 2 November 2023, in one of the largest fraud trials in history, Sam Bankman-Fried was found guilty of stealing billions of dollars from the customers of his crypto-exchange, FTX. How did this 31-year-old Californian in shorts and a T-shirt manage to become one of the most famous CEOs in the world? How did greed, fear and free money inflate the crypto bubble until it finally popped with devastating consequences for millions of people who lost money in the crash? Who were the enablers, investors and innovators who transformed the original promise of crypto into a digital Wild West? Hype Machine is the definitive story of the boom and bust of crypto, written by award-winning Financial Times journalist Joshua Oliver. Expansive, nuanced and eminently entertaining, it demystifies the crypto circus by following the journeys of its most influential participants and the trajectory of SBF, its enigmatic ringmaster. Oliver, who reported on the crypto crash with extensive access to SBF himself, introduces readers to the people and ideas that shaped crypto's wild rise and fall, including Arthur Hayes, Changpeng Zhao and the coterie of acolytes who surrounded FTX. Through exclusive interviews, compelling research and with ringside seats at the trial of the decade, he paints a vivid, detailed and tragi-comic picture of this defining financial moment of our times.
Download or read book Understanding Business Ethics written by Peter A. Stanwick and published by SAGE Publications. This book was released on 2024-06-11 with total page 781 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Business Ethics delves into the pivotal world of business ethics, illuminating the complexities of ethical behavior in the global business landscape. The updated Fourth Edition intricately weaves together global perspective, real-world business cases, and a recurrent theme, preparing students and professionals for ethical decision-making situations in their respective careers.
Download or read book The 100 Trillion Dollar Wealth Transfer written by Ken Costa and published by Bloomsbury Publishing. This book was released on 2023-09-28 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insider's look into how Generation Z's focus on ethics, climate change and purpose will change capitalism forever. In the next ten years there will be an unprecedented wealth transfer from the so-called 'baby boomer' generation to the young. Never before will so much money – in housing, land, stocks and cash – be shifted so suddenly from one generation to the next, and never before does the next generation feel so differently about the future of the planet and of capitalism. Ken Costa works with this new generation and shows how environmental concerns and anxiety about equality and diversity are more than mere slogans; instead they are driving the future of the markets. So many issues stem from the reality of the financial gap between age groups - from cancel culture and fears about wokeness, to generation rent, protest movements and re-evaluations of history around subjects such as empire. Costa also shows how we can build a more inclusive, purposeful capitalism, which shifts focus away from the individual and more towards collaboration, compassion and community. For readers of Rebecca Henderson's Reimagining Capitalism, and Rutger Bregman's Utopia for Realists, as well as business leaders and tech watchers, this is what the future of capitalism looks like, how our current systems may be upended, and above all how boomers must work with the invigorating and inspiring young, who see their mission not just to increase value for shareholders, but also to save the planet.
Download or read book Silicon Valley Bank written by Xuan-Thao Nguyen and published by Cambridge University Press. This book was released on 2024-02-15 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a first-hand account of the founding, ascent, and dissolution of Silicon Valley Bank (SVB), a tech community bank founded in 1982 with US$5 million that became the nation's 13th largest bank and tech industry's lender and bank. In this pathbreaking work, which challenges conventional understanding of risky tech lending by showing how an independent community bank became the go-to bank for the tech industry in the United States, Xuan-Thao Nguyen includes interviews with key players, ranging from the original founders and early employees to the current CEO of SVB. Chapters explore how the relationship between the venture capital (VC) industry and SVB transformed the way commercial banks comply with banking regulators while lending and nurturing young tech clients. The book demonstrates why the relationships between investors, start-ups, bankers, lenders, experts, lawyers, regulators, and community leaders are key ingredients for ongoing innovation in the tech industry. The book concludes with the sobering dissection of SVB's sudden death by $142 billion cuts inflicted by tech bros, social media, and the Federal Reserve Bank's successive interest rate hikes to squash the overheated economy.
Download or read book CCNY Made written by Ronnyjane Goldsmith and published by Arcadia Publishing. This book was released on 2023-10-02 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyone loves an underdog who succeeds against the odds. CCNY Made. Profiles in Grit is the story of City College of New York alumni who beat the odds to reach the pinnacle of their professions and in the process transformed our world. Here are just a few: Andrew Grove, hearing impaired and a survivor of Nazi occupation and Communist rule became the visionary CEO of Intel Corporation, the manufacturer of the semiconductor chip found in most personal computers today. Yip Harburg, the son of immigrants, wrote the lyrics to countless music standards, including "Somewhere Over the Rainbow," one of the most celebrated songs of all times. Jonas Salk, facing antisemitism and the rebuke of the scientific community, developed the Salk Vaccine that irradicated polio from the face of the earth. Felix Frankfurter, who came to America at 12 speaking no English, would be appointed a U.S. Supreme Court Justice, and help write the unanimous opinion in Brown v. the Board of Education declaring school segregation in the United States illegal. strongIn "CCNY Made. Profiles In Grit," the stories of CCNY alumni are recounted who exemplify the promise of Townsend Harris, founder of CCNY and The Ephebic Oath affirmed by graduating students every year. "We will strive unceasingly to quicken the public's better, of civic duty; and thus, in all these ways we will strive to transmit this city not only not less, but greater, better and more beautiful than it was transmitted to us."
Download or read book Voluntary to Mandatory ESG Reporting written by Peter Yeoh and published by Kluwer Law International B.V.. This book was released on 2024-08-13 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the impacts of environmental, social, and governance (ESG) matters, companies, financial institutions, and regulators are continually seeking sustainability-driven models and standards on ESG themes in the sourcing, design, and provision of products and services. This welcome and thoroughly researched book, by a well-known authority in corporate and financial services law, engages with developments in ESG soft and hard law as business responsibility shades into business accountability. The author offers a sweeping, in-depth consideration of the current and future role of ESG reporting and compliance, encompassing such issues and topics as the following: purpose and forms of regulation for non-financial reporting; mandatory ESG reporting implementation issues; role of the company board; recognition of threats posed by ‘greenwashing’ and similar tactics; clean energy versus sustainable supply chains; limits and weaknesses of ESG reporting; help from AI and other software solutions; and progress in the global quest for a universal ESG reporting standard. Although some companies retain their social and political licences to operate and thwart ESG, robust data and persuasive contentions worldwide show that deliberations on how best to promote global sustainability in the long term have become standard business practice. Accordingly, this book clearly demonstrates how including ESG in business decisions ultimately contributes to stable and predictable markets. Its insights and guidance will be greatly appreciated by all those needing to engage with ESG reporting, whether lawyers, investors, regulators, business stakeholders, or academics.
Download or read book Fintech Explained written by Michael R. King and published by University of Toronto Press. This book was released on 2023-10-02 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fintech Explained provides a rigorous, accessible introduction to the landscape of fintech. Michael R. King explains the customer focus, innovation strategy, business model, and valuation of leading fintechs in cryptocurrencies and decentralized finance (DeFi), crowdfunding and online lending, robo-advice and digital wealth management, payments and insurtech, digital banking, and bigtech. The book profiles the successes and failures of over thirty high-profile fintechs, combining insights from founders, early-stage investors, financial incumbents, and other stakeholders in this dynamic ecosystem. Combining clear descriptions and case studies with the latest findings from academic research, Fintech Explained provides a complete course for educating undergraduate and graduate students, executives, and interested professionals.
Download or read book Summary of Michael Lewis s Going Infinite written by Milkyway Media and published by Milkyway Media. This book was released on 2024-01-16 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get the Summary of Michael Lewis's Going Infinite in 20 minutes. Please note: This is a summary & not the original book. "Going Infinite" by Michael Lewis chronicles the rise and fall of Sam Bankman-Fried (SBF) and his cryptocurrency empire, including FTX and Alameda Research. SBF, a detached yet brilliant individual, was raised in an unconventional family and excelled in games and math, leading him to a career in high-frequency trading. Influenced by effective altruism, he aimed to maximize his positive impact on the world, which eventually led him to cryptocurrency trading...
Download or read book The Credit Investor s Handbook written by Michael Gatto and published by John Wiley & Sons. This book was released on 2024-01-04 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prepare for or enhance a career investing in the credit markets with this authoritative guide. The leveraged credit market is currently valued at over $4 trillion and is one of the fastest-growing asset classes, fueling demand for well-trained credit analysts. The Credit Investor's Handbook: Leveraged Loans, High Yield Bonds, and Distressed Debt is the definitive guide for young investment professionals embarking on a career investing in the leveraged credit markets – whether public, private, performing, or distressed. Experienced professionals will also immensely benefit from this guide as they refine their investment skills. Michael Gatto has twenty-five years of investing experience in the debt markets at Silver Point Capital (a $20 billion credit-focused fund) and Goldman Sachs' Special Situations Group. Furthermore, he is an adjunct professor at Columbia Business School and Fordham University's Gabelli School of Business. Michael brings these experiences together in this comprehensive manual, teaching the skills to succeed in the dynamic and complex credit markets. Michael brings highly complex case studies to life using decades of his first-hand war stories and combines them with reflections from leading industry professionals, often infused with humor, to make the book accessible, readable, and fun. Michael's seven-step credit analysis process will prepare you for a career in credit investing at the top buy-side and sell-side firms on Wall Street by teaching you the technical skills needed to invest in the debt markets. Whether you are analyzing a loan origination in the private debt market, a new issue of a broadly syndicated loan (BSL), a high-yield bond (HY), or a secondary trade, the comprehensive knowledge gained from this book will equip you to make well-founded investment recommendations. Additionally, an entire section devoted to distressed debt investing incorporates a practitioner's perspective on the nuances of bankruptcy and restructurings to develop strategies to profit from opportunities in this opaque market. In clear, straightforward terms accessible to the layperson, Michael explains strategies pursued by distressed companies such as J. Crew and Serta that have led to creditor-on-creditor violence, giving you an insider’s perspective on some of the least understood transactions in the distressed arena. You will: Gain In-Depth Knowledge: Understand the complexities of credit markets, from trading dynamics to historical credit cycles, allowing you to identify debt investment opportunities—and avoid pitfalls. Master the Analytical Framework: Learn Michael's seven-step process for analyzing credit investments, including qualitative industry and business analysis, financial statement analysis, forecasting, corporate valuation, relative value analysis, and debt structuring. Learn How to Write an Investment Recommendation: Review real-life credit memos to understand how analysts translate this framework into recommendations that drive investment decisions at the top credit funds. Discover Key Concepts and Terminology: leveraged buyout financings (LBOs), trading levels (price, yields, and spreads), shorting, and credit default swaps. Navigate Distressed Debt: Explore the strategies and nuances of distressed debt investing, including bankruptcy, subordination, creditor-on-creditor violence, and high-profile case studies from the past three decades of Chapter 11 restructurings. This book caters to finance majors pursuing investing careers, credit analysts seeking to enhance their skills, and seasoned professionals aiming to expand their expertise. Professors, researchers, lawyers, and advisors servicing the credit industry will also find immense value in this comprehensive guide.
Download or read book Japan written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-03-30 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan is navigating the recovery from the pandemic and the implications of the war in Ukraine. COVID-19 related restrictions have been gradually reduced since 2022, with border reopening last October. Headline inflation has recorded levels not seen in four decades.
Download or read book Neoliberalism Inequality and Authoritarianism written by Jon Kofas and published by The Little French eBooks. This book was released on 2024-09-03 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book exposes the inherent contradictions of neoliberalism. The myth of limitless growth ignores the reality of resource constraints and fuels a global upward transfer of wealth. Meanwhile, a fractured global economy and intensifying class warfare chip away at neoliberalism's foundation. As inequality spirals and social justice crumbles, the model increasingly serves a privileged few at the expense of the majority. This undermines the Enlightenment ideal of using liberal democracy to improve lives in the age of mass politics, threatening neoliberalism's very survival.
Download or read book Risk Roulette written by Graham Ruddick and published by Kogan Page Publishers. This book was released on 2024-10-03 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Success requires taking a risk, or two. But have you ever bet the house on a seemingly good idea for it to become a bad business decision? Risk isn't just about being risky and having a blasé attitude to responsibility. It's about understanding risk more broadly, from the level of risk involved in a decision and how to reduce it, to the difference between short-term and long-term risk. Based on fifteen years researching and interviewing leaders, including the founders and chief executives of some of the biggest businesses around the world, journalist Graham Ruddick, has found that there's a pivotal trait leaders have when it comes to success: they understand risk. Join icons from the worlds of business, finance, journalism and sports who know how to make risk work for them and push the boundaries so you can elevate your business.
