Hedge Funds

Barton Biggs on WWII markets


If you ever wondered what impact 1942's Battle of the Coral Sea had on equity markets, Barton Biggs has you covered in his new 358-page tome, published by John Wiley. Biggs, of Traxis Partners, is a serious economic historian. And his latest book, Wealth, War & Wisdom, combines two popular, if unlikely, nonfiction genres - investing and World War II. Biggs looks at how traders and markets reacted during periods of extreme political uncertainty, such as the Battle of Britain and the Siege of Stalingrad, as well as during turbulent post-war years. Biggs's analysis finds that investors on