In this episode, we spend some time with Das and discuss some of the interesting revelations from his new book. We also discuss the outlook for markets as central bankers seem to have gone well outside their bounds.
Plus a discussion on the upcoming economic and earnings coming this week as well as a look into what is going on with the Apple (AAPL) privacy debate.
More information available on Horowitz & Company’s TDI Managed Growth Strategy
The Age of Stagnation is a well written commentary about the current state of the global economy with plenty of historical facts to back up the premise and outlook.
Satyajit Das has worked in financial derivatives, risk management, and capital markets for over 30+ years. Since 1994, Mr. Das has acted as a consultant to financial institutions and corporations in Europe, North America, Asia and Australia. Previously, between 1977 and 1994, Mr. Das worked on the `sell side‘ (Commonwealth Bank of Australia, Citicorp Investment Bank and Merrill Lynch) and the `buy side‘ (Treasurer of the TNT Group, an Australian based international transport and logistics company).
Das is the author of a number of key reference works on derivatives and risk management. His works include Swaps/ Financial Derivatives Library Third Edition (2005, John Wiley & Sons) (a 4 volume 4,200 page reference work for practitioners on derivatives) and Credit Derivatives, CDOs and Structured Credit Products Third Edition (2005, John Wiley & Sons). He is the author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives (2006, FT-Prentice Hall), an insider‘s account of derivatives trading and the financial products business filled with black humor and satire. The book has been described by the Financial Times, London as ” fascinating reading explaining not only the high-minded theory behind the business and its various products but the sometimes sordid reality of the industry”.