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Readers reviews of Going for Broke

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Daryl Guppy

The Barings Bank disaster is interesting for what it tells us about risk and risk control. It is useful because it helps to define a part of the market which we are not involved in as private traders, but which does effect the market we trade. This account reads like the complete cover-up. We are left with the impression that this individual was smart enough to unfairly outwit the best financial brains in England and the regulators despite all due diligence being observed. The book fails to convince, but then Lessons own self-serving account is also unconvincing. The truth hides somewhere between the two. 

 

 

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