S

Sebastian Mallaby Books

3 books·~30 min total read

Sebastian Mallaby is a British journalist and author known for his works on economics and finance. He has written for The Economist and The Washington Post and is a senior fellow at the Council on Foreign Relations.

Known for: More Money Than God: Hedge Funds and the Making of a New Elite, The Man Who Knew: The Life and Times of Alan Greenspan, The Power Law: Venture Capital and the Making of the New Future

Key Insights from Sebastian Mallaby

1

The Birth of a Revolution: Alfred Winslow Jones and the First Hedge Fund

The origin story begins in 1949, when Alfred Winslow Jones, a sociologist-turned-financial journalist, decided to test an idea. He wasn’t a Wall Street insider; he was an intellectual who believed that markets were inefficient, that prices often deviated from true value. To test this, Jones launched...

From More Money Than God: Hedge Funds and the Making of a New Elite

2

The Age of Mavericks: Steinhardt, Soros, and the Power of Conviction

The 1960s and 1970s ushered in a new generation of traders who transformed Jones’s quiet innovation into a stage for bold individualism. Figures like Michael Steinhardt and George Soros epitomized the emerging ethos of the hedge fund world: hyper-intelligent, self-assured, and unapologetically contr...

From More Money Than God: Hedge Funds and the Making of a New Elite

3

Early Life and Education

Alan Greenspan’s journey began in Washington Heights, New York City, during the Depression era—a time when scarcity sharpened intellects and ambition. His mother, Rose, encouraged discipline and study, while his father, Herbert, introduced him to the subtleties of economic reasoning. Young Alan show...

From The Man Who Knew: The Life and Times of Alan Greenspan

4

Formative Influences: Ayn Rand and Objectivism

In the 1950s, Greenspan found himself drawn into a circle of thinkers surrounding the novelist-philosopher Ayn Rand. This was the crucible in which his ideological identity was forged. Rand’s doctrine of Objectivism, with its emphasis on rational self-interest and moral defense of capitalism, appeal...

From The Man Who Knew: The Life and Times of Alan Greenspan

5

The Origins of Venture Capital: Georges Doriot and the Birth of ARD

It all starts with a French émigré named Georges Doriot, whose vision after World War II laid the foundation for an industry that didn’t yet exist. In the postwar United States, risk capital was an alien idea. The economy ran on conservative financing—banks demanded collateral, and the stock market ...

From The Power Law: Venture Capital and the Making of the New Future

6

The Emergence of Silicon Valley: A Culture of Risk and Rebellion

If the East Coast birthed venture capital, the West Coast turned it into a movement. The difference between Boston’s polished executives and California’s unshaven engineers represented more than geography—it symbolized a cultural shift. Silicon Valley thrived on experimentation, informal networks, a...

From The Power Law: Venture Capital and the Making of the New Future

About Sebastian Mallaby

Sebastian Mallaby is a British journalist and author known for his works on economics and finance. He has written for The Economist and The Washington Post and is a senior fellow at the Council on Foreign Relations. His books often explore the intersection of policy, markets, and innovation.

Frequently Asked Questions

Sebastian Mallaby is a British journalist and author known for his works on economics and finance. He has written for The Economist and The Washington Post and is a senior fellow at the Council on Foreign Relations.

Read Sebastian Mallaby's books in 15 minutes

Get AI-powered summaries with key insights from 3 books by Sebastian Mallaby.