Cash, money markets and Treasury bills

Assets

Cash is the asset almost nobody writes an investment book about; the literature is instead about the plumbing of short-term funding and what happens when it seizes.

7 books · 2 people behind it

Start here

  1. Central Banking 101Joseph J. Wang, 2021
  2. Slapped by the Invisible HandGary Gorton, 2010
  3. Lombard StreetWalter Bagehot, 1873
  4. The Money MarketMarcia L. Stigum, 1978

The people behind it 2

Each person holds a book in this entry or names it in their own tags.

Investors 1

SH
Sidney Homer1 book here

Academics 1

SH
Sidney Homer1 book here

Books 7

Lombard Street
T1 Lombard Street
Walter Bagehot · 1873 · The founding description of a money market and the lender of last resort.
Open Library
A History of Interest Rates
T1 A History of Interest Rates
Sidney Homer · 1963 · Four millennia of short and long rates; the standing reference work.
Open Library
Mohnish Pabrai
The Money Market
T2 The Money Market
Marcia L. Stigum · 1978 · Stigum's institutional bible of bills, repo, CP and Fed funds.
Open Library
Slapped by the Invisible Hand
T2 Slapped by the Invisible Hand
Gary Gorton · 2010 · 2007-08 read as a classic run on repo, not on retail deposits.
Open Library
Misunderstanding Financial Crises
T2 Misunderstanding Financial Crises
Gary Gorton · 2012 · Why short-term debt is information-insensitive until suddenly it is not.
Open Library
The REPO Handbook
T3 The REPO Handbook
Moorad Choudhry · 2002 · Practitioner reference for the repo market that funds bill portfolios.
Open Library
Central Banking 101
T3 Central Banking 101
Joseph J. Wang · 2021 · A former Fed trader on repo, bills and reserve plumbing.
Open Library