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R**I
Insightful!
Lois Peltz has stolen the keys to Wall Street's inner sanctum and is waving you over to take a peek inside. Her insights on the hedge fund money machine - how it works, who runs it and how - should enthrall insiders and outsiders alike. She begins with the grand old gentlemen of the game, the likes of Julian H. Robertson Jr., Michael Steinhardt and George Soros, and tells how Soros speculated his way to a $2 billion profit - in one day! She shows how the game is played, and gives an insider's perspective on the methods of the new superstar managers. The in-depth profiles include: Lee Ainslie, Leon Cooperman, Ken Griffin, John Henry, Mark Kingdon, Bruce Kovner, Daniel Och, Raj Rajartnam, Paul Singer and Brian Stark. These managers will build the vast fortunes of the future - while also amassing their own. We [...] encourage investors, Wall Street players and interested spectators to hedge their bets, and buy this book.
A**N
Useful background detracted by gross errors
Contains useful background information and insights on managers, and the industry though it is of limited use regarding the strategies those managers use. Two really glaring errors (page 48 & 49 on incentive fees, and Page 65 on correlations - perhaps a misquote or a quote out of context) cast doubt on the reliability of other statements in the book for me. Consequently I recommend reading it, but with more than the usual level of skepticism.
Trustpilot
2 weeks ago
2 days ago