More Money Than God

Why it’s on the list: Sebastian Mallaby’s history of hedge funds from A.W. Jones through Soros, Steinhardt, Robertson, Simons and Paulson — each chapter a different theory of where an edge comes from.

Where I heard about it

• A crowd-sourced X thread — in the replies to @WillManidis asking “what is the single best book you can read that will explain an entire industry?” (the thread, June 2025); the full list is on what is the single best book… (tweet).

Connections

• what is the single best book… (tweet) — the thread this came out of; the full recovered list lives there.
• Hedge Funds — the industry the book explains.
• Capital Allocation — the portfolio idea this sits closest to.
• The Power Law — Venture Capital & the Making of the New Future — the same author’s venture-capital book, already read.