Books by Sebastian Mallaby

COWEN: I have some questions about other topics. You have some highly regarded books about hedge funds and about the Fed. In the late ’90s, the bailout of Long-Term Capital Management — was that a kind of original sin that just set us on a path of bailing more things out at higher and higher price tags? Should we have just let LTCM fall?

I am also a big fan of his new and forthcoming book on venture capital, namely The Power Law: Venture Capital and the Making of a New Future .

I’m on p.194, more reports to follow.  You can buy the book here , it is one of the best of the year even from just the first 193 pp.

That is the new book by the very smart Sebastian Mallaby and it is a history of hedge funds, told from a relatively sympathetic point of view.