Timothy Lim

Book Notes: More Money Than God

Chapter 9:

  • Russian financial crisis, doing dd on the ground to realise that palladium was actually being extracted from missiles
  • Asian finacial crisis, how they got the Thai official to admit that the Baht was undefendable
  • Stan putting a smaller bet on the Baht than they could have
  • Stan borrowing Baht at a long term interest rate whereas copy traders did short term borrowing that was made very expensive by the Thai’s keeping interest rates high
  • Soros struggling with being demonised: Soros the trader and Soros the intellectual
  • Wikipedia - Asian Financial Crisis