A Weapon of Financial Mass Destruction?

This is a very ambitious book, and in places its ambition causes it to overreach. Carry is a fundamental part of the markets, and to some degree in the economy as a whole. But linking it to human evolution as the authors do in the final chapters, seems rather tenuous to me. Nevertheless, this is an important book. Carry is important, and is not going away. It will always be an attractive strategy.

Read the Book Review by Robert Carver, Risky Finance: https://riskyfinance.com/2020/02/09/the-rise-of-carry/


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