Hedged Out

Hedged Out
Author :
Publisher : Univ of California Press
Total Pages : 337
Release :
ISBN-10 : 9780520973800
ISBN-13 : 0520973801
Rating : 4/5 (00 Downloads)

Book Synopsis Hedged Out by : Megan Tobias Neely

Download or read book Hedged Out written by Megan Tobias Neely and published by Univ of California Press. This book was released on 2022-01-25 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: A former hedge fund worker takes an ethnographic approach to Wall Street to expose who wins, who loses, and why inequality endures. Who do you think of when you imagine a hedge fund manager? A greedy fraudster, a visionary entrepreneur, a wolf of Wall Street? These tropes capture the public imagination of a successful hedge fund manager. But behind the designer suits, helicopter commutes, and illicit pursuits are the everyday stories of people who work in the hedge fund industry—many of whom don’t realize they fall within the 1 percent that drives the divide between the richest and the rest. With Hedged Out, sociologist and former hedge fund analyst Megan Tobias Neely gives readers an outsider’s insider perspective on Wall Street and its enduring culture of inequality. Hedged Out dives into the upper echelons of Wall Street, where elite white masculinity is the standard measure for the capacity to manage risk and insecurity. Facing an unpredictable and risky stock market, hedge fund workers protect their interests by working long hours and building tight-knit networks with people who look and behave like them. Using ethnographic vignettes and her own industry experience, Neely showcases the voices of managers and other workers to illustrate how this industry of politically mobilized elites excludes people on the basis of race, class, and gender. Neely shows how this system of elite power and privilege not only sustains itself but builds over time as the beneficiaries concentrate their resources. Hedged Out explains why the hedge fund industry generates extreme wealth, why mostly white men benefit, and why reforming Wall Street will create a more equal society.


Hedged Out Related Books

Hedged Out
Language: en
Pages: 337
Authors: Megan Tobias Neely
Categories: Business & Economics
Type: BOOK - Published: 2022-01-25 - Publisher: Univ of California Press

DOWNLOAD EBOOK

A former hedge fund worker takes an ethnographic approach to Wall Street to expose who wins, who loses, and why inequality endures. Who do you think of when you
The Fund Industry
Language: en
Pages: 549
Authors: Robert Pozen
Categories: Business & Economics
Type: BOOK - Published: 2015-02-02 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

A guide to how your money is managed, with foreword by Nobel laureate Robert Shiller The Fund Industry offers a comprehensive look at mutual funds and the inves
Getting Started in Hedge Funds
Language: en
Pages: 208
Authors: Daniel A. Strachman
Categories: Business & Economics
Type: BOOK - Published: 2010-12-07 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

The book on hedge fund basics, completely updated to reflect today’s post-crisis industry The hedge fund industry has been reeling in the wake of recent Ponzi
Hedge Funds
Language: en
Pages: 697
Authors: H. Kent Baker
Categories: Business & Economics
Type: BOOK - Published: 2017-07-26 - Publisher: Oxford University Press

DOWNLOAD EBOOK

Hedge Funds: Structure, Strategies, and Performance provides a synthesis of the theoretical and empirical literature on this intriguing, complex, and frequently
Investment Strategies of Hedge Funds
Language: en
Pages: 399
Authors: Filippo Stefanini
Categories: Business & Economics
Type: BOOK - Published: 2010-03-11 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

One of the fastest growing investment sectors ever seen, hedge funds are considered by many to be exotic and inaccessible. This book provides an intensive learn