Confidence Game
How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

Not an educational book, yet not a novel. Somewhere in between: well-researched, factual storytelling, not dull but also, thank God, without cheesy cliffhangers. Just really good journalism, basically. The book tells the story of Bill Ackman and his hedge funds, with the main focus being on the resea......more

Like how David Einhorn's book 'Fooling Some People All of the Time' gave me the idea of investing in Greenlight Capital Re, this book prodded me to look at Ackman's hedge fund vehicle and invest into Pershing Square Holdings (PSH) at a 16% discount to NAV. [URL not allowed] http:/......more

Pretty fast paced and entertaining. I could draw parallels with a similar book titled fooling some of the people all of the time.......more

This is an almost epic tale of a clash between a blunt, stubborn-as-a-mule hedge fund manager with a fierce sense of justice called Bill Ackman and MBIA, the largest municipal bond insurer in the United States with a tough CEO named Jay Brown. It’s also a story of lazy regulators, analysts and journ......more

Wonderful post-mortem on crisis 2008. Just to underline, this story is about quite complex financial structures and mechanics that made trillion of dollars moved. I really love how all of these complex things turned into a quite clear description of what had been happening for about decade til 2008.......more