7 books that will fast-track your learning journey in global macro.
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Let's start from monetary mechanics: if you don't understand money, you are going to have a hard time connecting the dots in global macro.
Pragmatic Capitalism from @cullenroche concisely goes through the different forms of money in an understandable way.
Must read.
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Pragmatic Capitalism from @cullenroche concisely goes through the different forms of money in an understandable way.
Must read.
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The New Economics: A Manifesto by @ProfSteveKeen
Prof. Keen shutters the foundations of Neoclassical Economics and amazingly describes the differences between private & public debt and how credit creation can lead to non-linear events like financial crisis.
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Prof. Keen shutters the foundations of Neoclassical Economics and amazingly describes the differences between private & public debt and how credit creation can lead to non-linear events like financial crisis.
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The Alchemy of Finance by George Soros.
If you ever wondered what principles, analysis and risk management techniques Soros applied throughout his money management career...this book will provide with plenty of these global macro investing jems.
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If you ever wondered what principles, analysis and risk management techniques Soros applied throughout his money management career...this book will provide with plenty of these global macro investing jems.
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Inside The House of Money from Steve Drobny: an amazing series of interviews to the best hedge fund managers of the last decades.
Incredible teachings on frameworks and risk management by the best money managers in the world!
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Incredible teachings on frameworks and risk management by the best money managers in the world!
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Alpha Trader from my friend @donnelly_brent is a must read.
When you get the chance to follow the thought process and risk management of somebody who has successfully traded for large banks and HFs...you should take the chance.
And he writes well. Really well.
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When you get the chance to follow the thought process and risk management of somebody who has successfully traded for large banks and HFs...you should take the chance.
And he writes well. Really well.
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The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis.
The title itself says it all.
Outstanding book.
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The title itself says it all.
Outstanding book.
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Last but not least.
Geopolitical Alpha by the amazing @Geo_papic.
Marko literally introduced geopolitical analysis into the world of global macro and he's been an outstanding resource on the topic ever since.
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Geopolitical Alpha by the amazing @Geo_papic.
Marko literally introduced geopolitical analysis into the world of global macro and he's been an outstanding resource on the topic ever since.
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Macro volatility will dominate the next decade.
This is why I am soon launching my Macro Fund.
Grab the Fund Memo here:
themacrocompass.ck.page
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This is why I am soon launching my Macro Fund.
Grab the Fund Memo here:
themacrocompass.ck.page
9/9
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