How hedge funds make money by taking it from the rest of us - and how you can join them!
Top hedge fund managers make more than Oprah, Rupert Murdoch, and A-Rod combined - but they aren't running news and entertainment empires or playing baseball for the New York Yankees. Aren't you curious about how these hedge fund dudes make so much doing who knows what? You may even wonder if you can get there, too. After all, this is America!
This book gives you the answers in a twelve-step guide to accumulating vast riches the way hedge fund managers do - by playing trillion-dollar poker with a marked deck. Through each easy step, you'll learn the sleight of hand and disregard for basic morality you'll need to move from making tens of dollars an hour to millions an hour! Along the way, you'll also question whether these hedge fund moguls make markets work better - as they and their apologists insist - or cause instability, siphon off capital, and destroy value without adding so much as a single widget to the economy.
Takes a fascinating tour of the wild side of fantasy finance to explain just how hedge fund managers make so much money - and whether or not the million-an-hour crowd produces anything positive for society and the economy.
Teaches you hedge fund secrets that make it possible to pull down astounding sums in the space of minutes - from rigging your bets to milking millions in special tax breaks - if you're willing to bankrupt your morality for the cash.
Counters many of the most common arguments about why speculating in financial markets is somehow "worth more" than creating entertainment, electronics, or consumer goods that consumers want.
Written by Les Leopold, the popular AlterNet writer and author of The Looting of America.
Bored with the start quite negative title should have been the How not to make Millions.
What would have made How to Make a Million Dollars an Hour better?
It would have been better if the title more accurately depicted the content. It was a catchy title designed to sell books.
You didn’t love this book... but did it have any redeeming qualities?
I would have liked it a lot more if I would have known ahead of time that it was a rant against "the system."
Any additional comments?
Not a bad book - just not what I thought I was buying.
2 of 5 people found this review helpful
This book wasn’t for you, but who do you think might enjoy it more?
Someone who is interested in listening for hours to a misguided individual who does not understand economics discuss ethics and morality.
If you are of low intelligence, paranoid, like socialism or conspiracy theories you may enjoy this book.
Has How to Make a Million Dollars an Hour turned you off from other books in this genre?
I am interested in financial books. However this was not a financial book, it was an ethics book.
Have you listened to any of Oliver Wyman’s other performances before? How does this one compare?
Reading was good. Content was not.
If you could play editor, what scene or scenes would you have cut from How to Make a Million Dollars an Hour?
I would not publish this book. It is absolute rubbish.
Any additional comments?
The title is deceptive, it contains no information on how to make a million dollars a hour.
It is an eight hour rant about the ethics of hedge funds. I think it is more unethical to publish a book with a deceptive title than for a hedge fund to allocate capital to support economic growth.
0 of 2 people found this review helpful