Thursday, July 16, 2020

Free to Trade by Michael Ridpath



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really liked it
bookshelves: financial-thriller

The author, Michael Ridpath, is an Olympic bronze-medalist in track and a longtime fund manager for an international bank. Coincidentally, the main character of this novel, Paul Murray, is also an ex-Olympic runner and portfolio manager for a London financial house. The result is a realistic, and gripping, financial thriller.

The event at the center of this book is the death of a detail-oriented attorney, Debbie Chater. Why was Chater pushed into the river Thames? By page 150, it's easy to spot 2 suspects with a personal motive, and two with a business-motive.

Ridpath's plot is studded with unexpected twists and revelations--I was greatly entranced by the story.

And given Ridpath's background, his novel contains a number of realistic real-time portrayals of financial events and concepts. Here's a short list:

*A few days in the life of a bond-trader (pp. 1-50)
*How does the US unemployment rate impact interest rates and, in turn, US government bond prices? (pp. 149-154)
*What's it like to make a "shutout bid" for 10-year T-bills? (pp. 183-186)


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