The legends who created the trillion-dollar hedge fund world are brilliant at picking investments, astute at spotting talent--and notorious for secrecy. Now these top managers talk frankly about the challenges they face and how they enter, exit, and size their trades. They also name up-and-coming managers who are shaping the future of hedge funds. Katherine Burton, an acclaimed Bloomberg News reporter, has persuaded these giants of their industry to share their thinking as never before. Investors and market watchers will be intrigued and informed by an unprecendented look inside these highly successful funds.
Customer Reviews:
Avg. Customer Rating: 3.5 / 5.0
Reader-friendly interviews with hedge-fund legends:
What are the qualities of a successful hedge fund manager? To answer that question, Katherine Burton profiled industry leaders who have outperformed their peers over time. Her book provides readers with a sweeping introduction to the hedge fund industry's top performers. You will discover how these investors got to the top, what strategies they employ, how they learn from their mistakes and what characteristics they find necessary to succeed in this very competitive environment. Burton profiles an... more info
Interesting, but not particularly useful:
This book is a list of 18 case studies of successful hedge fund managers. Unfortunately there are few common themes tying these stories together. According to Burton, the basic mechanics of money management can be taught, but that "special sauce" that really successful managers have can't be, and this is what she attempts to uncover in this book. Each of the fund managers interviewed talk about favorite "values" relating to risk-taking, hiring, using (or not using) leverage, etc, and about their... more info
bberg 'news' is negative selling point:
I stopped reading this after I saw the cover where the author advertises that she is from bloomberg 'news'... which in my personal experience is notoriously loose with facts. In my view the author should de-emphasize her background at bberg 'news'.
Who the players are:
This book listed a lot of the players and how they got started and what decisions made them money. A straightforward read.
