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Acknowledgments

This book is the product of more than two decades spent learning about and teaching financial markets at Bloomberg News even though it was put together in far less time.

Bloomberg’s editor-in-chief, Matt Winkler, brought me on board in October 1990. Less than a year later, he and I started training 25 newly hired reporters for our Princeton, New Jersey, bureau. We spent eight weeks in a room with folding tables, bare floors, and air-conditioning ducts hanging from the ceiling.

Matt sent me to London the next year to run our first European training class, which meant getting my first passport. It was a thrill to teach currencies ...

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