# Inventing Money

**Inventing Money: The Story of Long-Term Capital Management and the Legends Behind It**

##### Buy this book on Amazon.co.uk

##### Buy this book on Amazon.com

ISBN: 978-0-471-49811-7  
Paperback  
280 pages  
November 2000

[Buy Inventing Money in the Kindle edition](http://www.amazon.co.uk/Inventing-Money-Long-Term-Management-Long-term/dp/B004HHON0U/ref=sr_1_3?s=books&ie=UTF8&qid=1294865387&sr=1-3)

## Reviews

> ‘Inventing Money’ is a brave and ambitious book… a highly readable account of a financial drama of the highest kind – **INDEPENDENT**

> A substantial primer on the history of financial theory, not least because of Mr Dunbar’s knack for colorful parallels that illuminate his arguments – **THE NEW YORK TIMES**

> ‘Inventing Money’ is not the last word on the subject, but it is a good start – **THE ECONOMIST**

> Nicholas Dunbar’s fascinating book is a well-written chronicle of these events… a book to enjoy – **TIMES HIGHER EDUCATIONAL SUPPLEMENT**

> A penetrating look at this enthralling story… Dunbar tells the full story of this most public of financial disasters, unveiling previously undisclosed information, in captivating and accessible terms – **EURO BUSINESS**

> Very readable – **MONEY OBSERVER**

> An interesting and informative book on a very complex financial subject and for that he deserves much credit – **OFFSHORE FINANCIAL REVIEW**

> Dunbar offers us a well-written and informative account of how the company’s culture developed, and why LTCM plummeted so dramatically – **BALANCE SHEET**

> Dunbar is a former academician and journalist, making him an ideal writer to explore the theoretical origins of LTCM. The author excels with his affectionate portrait of financial-theory giants such as the late Fischer Black. This book is a good source of information on the theoretical underpinnings of modern arbitrage – **BUSINESS WEEK**

> Nicholas Dunbar has written a fascinating account of this spectacular episode, and in doing so has provided an instructive insight into the functioning of global capitalism – **CIB NEWS**

> Succeeds in explaining fiendishly complex ideas in clear English – **INVESTMENT ADVISOR**

> An essential insight into the development of financial markets and the history of man’s attempt to predict investor behaviour… It should be required reading for anyone considering investing in financial markets – **ALLIANZ GLOBAL RISK REPORT**