|
|
Business Management Book Store > Business Management books beginning with H
|
Hedge Hunters: Hedge Fund Masters on the Rewards, the Risk, and the Reckoning |
Author: Katherine Burton
Published: 2007-11-01 |
List price: $27.95
Our price: $18.45
|
Usually ships in 24 hours
As of: November 20th, 2008 08:59:37 AM
|
|
|
Customer comments on this selection.
 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 impressive group: Mark Yusko, Michael Steinhardt, John Armitage, Marc Lasry, Craig Effron, Lee Ainslie, Bernay Box, Boone Pickens, Brian Bradshaw, David Meaney, Michael Ross, Alex Szewczyk, Josh Friedman, Mitch Julis, Jeffrey Schachter, Burton Weinstein, Dwight Anderson, Roberto Mignone, Bruce Ritter, Julian Roberston, Jim Chanos, Richard Perry and Daniel Loeb. While Burton provides a rare glimpse inside the world of these hedge fund managers, her very readable interviews are too brief for those searching for inside knowledge about hedge funds. Those seeking in-depth discussions of investment techniques and trading strategies may wish that she had dug a little more deeply. Nevertheless, getAbstract likes this quick, easy-to-read set of profiles from the world of hedge funds, and recommends it to anyone who wants a peek behind the curtain into this elite domain.
 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 historical strategies: how they chose markets, how they handled the dotcom bubble burst, their biggest successes and failures. But most of their stories are anecdotal, and focus a little too much on their "boy genius" beginnings. They don't give any actual advice, nor do they disclose any current strategies. And why would they? This would likely jeopardize their current positions.
As a middle class worker with decent savings and an active interest in investing, I found this book a bit frustrating: no actionable investing advice is given, and while I really liked the style and strategy of some of the fund managers who were interviewed, I am not rich enough for investing with them to even be an option.
 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.
It wasn't what I expected.
I'm as a Vine Voice reviewer who received an advanced copy of this book I feel obligated to review it. I was expecting it to be a book about investment advice. I only gave it a cursory reading because it wasn't what I was expecting and I found it hard to follow.
|
|
Our Business Management book picks:
|
|
Search the Business Management Products Store
LCS Amazon Store 2.5 © 2008
|
|
|