Red Metal: A Novel
About
In 2005, hedge-fund manager David Brown of Galileo Capital spots a rare opportunity. China’s voracious appetite for copper is flooding Red Metal Corporation with cash, and Red Metal CEO Jeff Fowler appears hell-bent on leaving most of it in the bank.
Fowler knows the boom-and-bust cycles of the copper-mining business, and he plans to hoard cash to make it through the next downturn. After buying up a big chunk of Red Metal stock, Brown gives Fowler an ultimatum: Make smart investments with the money, or return it to shareholders. If you don’t, Galileo will find someone to acquire Red Metal, and you’ll go down as the CEO who let a 130-year-old company fade into oblivion.
Will Fowler escape Brown, walk into Brown’s traps, or get spooked into making foolish moves that bring his world crashing down around him?
Praise for this book
Red Metal is a fun story about the inner workings of big business finance. Peter Faur certainly knows his way around a balance sheet and his personal insights from his years in the copper industry make him the perfect person to tell this story about a renegade hedge fund manager and the old guard blue chip company that catches his eye. The story is filled with insider detail about the world of finance -- enough to make the reader feel like he or she is right there in the corporate boardroom. Written as a first-person account by the young and ambitious hedge fund manager David Brown, the author really takes you inside Brown's head and brings you along for the ride as he plots to make a killing off the rise of copper prices and a company too hesitant to move at the speed of today's market. The novel is also filled with great character development and plenty of insider references to Phoenix and New York City where the story takes place.
I highly recommend this high finance adventure, but be warned, it's hard to tell the difference between the good guys and the bad guys!