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High Stakes
High Stakes
Sep 20, 2024 7:34 AM

Author:Nigel Goldman

High Stakes

Nigel Goldman wrote the autobiographical High Stakes while in prison paying the price for two decades of risk-taking on the financial markets. Through his dealings in the tempestuous silver futures market and a sideline in rare coin investments, Goldman developed a taste for the champagne lifestyle. Desperate to maintain the high life, his deals became riskier and were increasingly financed by his clients' money. Taking advantage of trading loopholes and insider tip-offs, Goldman peaked with an account balance of £14 million but troughed with two spells in prison.

The story begins with Goldman placing a £50 bet on the roulette table and walking away with £10,000. And so his adventures continue. There are personal trades, investment businesses, gold bullion deals, racehorses and an American gentleman who allows Goldman to play with his fortune on the New York Stock Exchange. But there are also Customs and Excise investigations and lifelong enemies waiting to exact their revenge.

High Stakes provides a detailed insight into the little-known twilight world of insider-dealing and shows how the search for the ultimate win can lead to a life on the run.

Reviews

Meticulously researched book...Levine's solutions are sensible...it's a vital discussion we need to be having

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Levine is an engaging, provocative writer, and there is much to like about Free Ride...an entertaining read, with an entertaining cast

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A book that should change the debate about the future of culture

—— New York Times Book Review

Brilliant... A crashcourse in the existential problems facing the media

—— The Times

Important

—— Bryan Appleyard , Sunday Times

Pugnacious and well-researched

—— Steven Poole , Guardian

Comprehensive

—— Pat Kane , Independent

Robert Levine tries to solve the tricky problem of internet copyright… This is an important debate, and this opinionated book is a welcome part of it

—— William Leith , Scotsman

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—— Gady Epstein , Forbes

McGregor has done the world a service with his fascinating new book

—— Peter Hartcher , Sydney Morning Herald

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—— Ian Kehoe , Sunday Business Post

A vivid narrative, sprinkled with humour and insight ... amazing characters ... an engrossing read

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A lively and penetrating account of a party that ... has clung to secrecy as an inviolable principle

—— Andrew Higgins , Washington Post

Eminently readable ... McGregor has done a great service to those who would hope to better understand where China's power lies

—— China Economic Review

An illuminating glimpse behind the red curtain ... McGregor's lucid dissection shows how top-ranked party members - indeed the party itself - sit outside the law

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Fascinating exploration of the alarming encroachment of market philosophy on so many aspects of our lives

—— Alexander McCall Smith , The Herald
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