New commentary and updates to enlightening interviews with today's top global macro hedge fund managers This updated paperback edition of Inside the House of Money lifts the veil on the typically opaque world of hedge funds offering a rare glimpse at how today's highest paid money managers approach their craft.

Praise for Inside theHouse of Money

"Loved . . . the book—it's on my nightstand!" —Bill Gross, Managing Director, PIMCO

"What a wonderful way to get into a macro trader's mind! I am so glad that this book exists." —Nassim Nicholas Taleb, bestselling author of The Black Swan

"We learn from these interviews of successful global macro investors that they share a style of thinking: they consider a strikingly broad list of factors influencing markets, they are exquisitely alert to nuances of timing and place in history, and, perhaps most fundamentally, they seem to be thinking along broadly inductive rather than deductive lines." —Prof. Robert J. Shiller, Cowles Foundation for Research in Economics, International Center for Finance, Yale University, and author of Irrational Exuberance

"The ruminations of supposedly hush-hush hedge fund operators are richly illuminating." —The New York Times

"Useful for anyone who has entrusted their money to funds operating in the sector." —Financial Times

"Steven Drobny has been able to do something that few others have, especially in the media: he got hedge fund managers to share their trade secrets." —Institutional Investor

"Couldn't come at a more appropriate time . . . sheds more light than ever on the minds behind the largest global macro funds . . . reveals the intricacies of thinking like a hedge fund manager." —Forbes

New commentary and updates to enlightening interviews with today's top global macro hedge fund managers

This updated paperback edition of Inside the House of Money lifts the veil on the typically opaque world of hedge funds offering a rare glimpse at how today's highest paid money managers approach their craft. Now with new commentary, author, Steve Drobny takes you even further into the hedge fund industry. He demystifies how these star traders make billions for their well-heeled investors, revealing their theories, strategies and approaches to markets.

Whereas some still maintain that rationality permeates financial markets, Drobny captures a different dimension, showing how the unquantifiable human forces of emotion and intuition are also at play. Along the way, readers get an inside look at firsthand trading experiences through some of the major world financial crises of the last few decades.

• Discusses how no market or instrument is out of bounds for these elite global macro hedge fund managers
• Offers unique and illuminating insight into an inaccessible and sometimes downright secretive world
• Written by respected industry expert Steven Drobny

Highly accessible and filled with in-depth expert opinion, this updated paperback edition of Inside the House of Money is a must-read for financial professionals and anyone else interested in understanding how greed, fear, and the human forces of emotion drive world markets.