Chaos Kings: how Wall Street traders make billions in the new age of crisis

The Black Swan and written by a veteran Wall Street Journal reporter, this book explores the world of billion-dollar traders and high-stakes crisis predictors who strive to turn extreme events into financial windfalls. It gained exclusive access to Universa strategists and met with savvy seers in various fields to see if it is possible to bet on disaster and win.

Format: Paperback / softback
Length: 336 pages
Publication date: 13 July 2023
Publisher: Scribe Publications

For enthusiasts of "The Black Swan" and penned by a seasoned Wall Street Journal reporter, this is an enthralling deep dive into the realm of billion-dollar traders and high-stakes crisis predictors who strive to transform extreme events into financial windfalls. Undoubtedly, our world has become more extreme. Pandemics, climate change, superpower rivalries, technological disruption, political radicalization, and religious fundamentalism all pose threats to chaos that jeopardizes trillions of assets. However, across various disciplines worldwide, aspiring super-forecasters are attempting to eliminate guesswork from what once seemed like mere chance. Some place their trust in "black swans," unpredictable, catastrophic events that cannot be foreseen but send exotic financial instruments soaring in high-profit directions. Among these prominent big-bet traders are the individuals behind the Universa fund, who, during days of extreme upheaval, have achieved earnings as high as $1 billion. Author Scott Patterson secured exclusive access to Universa strategists and engaged with astute seers in diverse fields, ranging from earthquake prediction to counterterrorism to climatology, to explore whether it is feasible to bet on disaster and secure victories. Riveting, pertinent, and revelatory, this is a must-read for anyone intrigued by how certain investors transform calamity into profit.

Weight: 426g
Dimension: 152 x 233 x 27 (mm)
ISBN-13: 9781915590497