Long considered one of the best brains on Wall Street, BartonBiggs acquired the stature of a legend within his lifetime. Amonghis many coups, he accurately called the rise and fall of thedot-com market, and was an energetic promoter of emerging markets, including China, well before American businesses began flockingthere--and he made vast fortunes for his clients, in theprocess.
But, as this fascinating book confirms, it wasn't Biggs's geniusas a market analyst and hedge fund manager alone that made himspecial. The product of a keen and broad-ranging intellect in fullcommand of his subjects--and the English language--theletters compiled in this volume leave no doubt that Barton Biggswas one of the most interesting observers of Wall Street, thefinancial world, and the human comedy, ever to set pen topaper.
Released from Morgan Stanley's archives and made public for thefirst time, the letters compiled in this volume add new luster toBiggs's reputation as a first-class finance authorAddress the most essential aspects of high-frequency trading, from formulation of ideas to performance evaluationShares Biggs's fascinating insights and uncannily accuratepredictions about an array of economic and financial topics, liberally peppered with historical references and wry humorOrganized thematically, the letters showcase Barton Biggs'sobservations on finance, economics and the stock market, from 1980to 2003