From my list on glimpse into the dark heart of the financial markets (without being bored to tears).
Why am I passionate about this?
I’m a career financial and business journalist, only recently turned novelist. I’m obsessed with the way that history repeats itself in the financial markets and that we never seem to learn our lessons. Fear and greed have always driven the behavior of bankers, traders, and investors; and they still do today, only barely inhibited by our regulatory system. I want to help people understand how markets work, and I like combining fiction with fact to explain these systems and how they’re abused. With that in mind, I work during the day as a reporter at NPR and by night as a scribbler of historical fiction with a financial twist.
Paddy's book list on glimpse into the dark heart of the financial markets (without being bored to tears)
Why did Paddy love this book?
I love the way that Archer turns the dry ins and outs of the workings of the British stock market into an adventure tale. I can’t quite believe how many explanations of market activities he manages to describe and explain in the simplest, most easy to understand terms. All while keeping the action going.
I learned from Archer what short selling is, how Ponzi schemes work, the meaning of insider trading, and how pump and dump schemes are set up and executed. I also learned how flawed the British financial markets were until their reform. A fascinating, highly entertaining romp through the city of London.
1 author picked Not a Penny More, Not a Penny Less as one of their favorite books, and they share why you should read it.
Jeffrey Archer's first novel, Not a Penny More, Not a Penny Less, is page-turning tale of fraud, revenge and determination as four men stop at nothing to get back what was stolen from them.
One million dollars - that's what Harvey Metcalfe, lifelong king of shady deals, has pulled off with empty promises of an oil bonanza and instant riches. Overnight, four men - the heir to an earldom, a Harley Street doctor, a Bond Street art dealer and an Oxford don - find themselves penniless. But this time Harvey has swindled the wrong men. They band together and shadow…