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Colin Lancaster is a Wall Street professional. He has run two of the highest profile global macro businesses for the top-performing hedge funds in the world and has worked directly for a number of the icons of the investing world. He has managed investment operations in London, New York, Hong Kong, Singapore, Chicago, and San Francisco.
This page turner by the legendary Colin Lancaster is a great read on many fronts. First, it’s a hilarious story about a group running a hedge fund. It outdoes some of Mike Lewis’ best, from beer pong in Las Vegas to a dinner in London with a group of billionaires. Second, it’s a very good read on how the economy and central banks interplay with one another. Third, it covers the thinking of a host of icons, including Ray Dalio, Paul Tudor Jones, and Stan Druckenmiller. Fourth, it’s a great rundown of how markets and the economy unfolded in 2019 before the pandemic and how things ended in the summer of 2020 after markets had rebounded. I was sad to have the book end just when we were getting to the future! I promise you won’t be sorry you read this book. I hope there’s a sequel! Ed Hyman, Wall Street economist
“Faster-paced than a Rolling Stones concert. Fed Up! teaches you how macro traders think.” Don Smiley, President and Chief Executive of Summerfest (the largest music festival in the world) and former Major League Baseball executive (President of the World Series Champion Florida Marlins from 1994 to 1998).
“Excessive, profane, and right on the mark. Macro is back!” Ben Melkman, founder of Light Sky Macro
“You can draw a straight line from Liars Poker to Fed Up!. Despite 40 years passing, the antics around financial markets remain the same. Fed Up! captures the chaos around 2020 in graphic detail. It was quite a wild ride!” Steven Drobny, author of Inside the House of Money