Getting Started in Hedge Funds
2nd Edition
Published on 1. July 2005
Book
Paperback/Softback
198 pages
978-0-471-71544-3 (ISBN)
Description
AN UPDATED INTRODUCTORY GUIDE TO HEDGE FUNDS
GETTING STARTED IN HEDGE FUNDS
SECOND EDITION
Along with being one of the hottest investments around, hedge funds are also among the most secretive-due to the fact that they are prohibited by law from engaging in any form of public marketing or advertising.
Getting Started in Hedge Funds, Second Edition removes the veil of secrecy that surrounds this profitable investment vehicle and provides investors with a complete and highly accessible introduction to the world of hedge funds-their history; their effect on world economies; and the tactics and investment strategies associated with them.
Filled with comprehensive updates and additions-including new regulations and the current state of the industry-Getting Started in Hedge Funds, Second Edition offers you the latest information coming out of this continuously growing area of finance. Written by financial insider Daniel Strachman, this book:
* Outlines how hedge funds operate-from structures to regulations
* Develops guidelines for choosing a hedge fund using returns, performance, and risk
* Profiles the strategies of both heavyweights and up-and-coming fund managers
* Shows new investors how to get in on the action
* And much more
Unlike the technology bubble of the late twentieth century, which lasted a mere three years, hedge funds are here to stay. So if you're looking to gain a better understanding of hedge funds, look no further than Getting Started in Hedge Funds, Second Edition.
Praise for the first edition of Getting Started in Hedge Funds
"A worthwhile and thoughtful book on what is now considered to be a growth industry."
-Michael Steinhardt, Steinhardt Management LLC
"A fascinating book about one of Wall Street's most fascinating subjects."
-Beth Piskora, Senior Editor, S&P's newsletter The Outlook
GETTING STARTED IN HEDGE FUNDS
SECOND EDITION
Along with being one of the hottest investments around, hedge funds are also among the most secretive-due to the fact that they are prohibited by law from engaging in any form of public marketing or advertising.
Getting Started in Hedge Funds, Second Edition removes the veil of secrecy that surrounds this profitable investment vehicle and provides investors with a complete and highly accessible introduction to the world of hedge funds-their history; their effect on world economies; and the tactics and investment strategies associated with them.
Filled with comprehensive updates and additions-including new regulations and the current state of the industry-Getting Started in Hedge Funds, Second Edition offers you the latest information coming out of this continuously growing area of finance. Written by financial insider Daniel Strachman, this book:
* Outlines how hedge funds operate-from structures to regulations
* Develops guidelines for choosing a hedge fund using returns, performance, and risk
* Profiles the strategies of both heavyweights and up-and-coming fund managers
* Shows new investors how to get in on the action
* And much more
Unlike the technology bubble of the late twentieth century, which lasted a mere three years, hedge funds are here to stay. So if you're looking to gain a better understanding of hedge funds, look no further than Getting Started in Hedge Funds, Second Edition.
Praise for the first edition of Getting Started in Hedge Funds
"A worthwhile and thoughtful book on what is now considered to be a growth industry."
-Michael Steinhardt, Steinhardt Management LLC
"A fascinating book about one of Wall Street's most fascinating subjects."
-Beth Piskora, Senior Editor, S&P's newsletter The Outlook
More details
Series
Edition
2., Auflage
Language
English
Place of publication
New York
United States
Publishing group
John Wiley and Sons Ltd
Target group
Professional and scholarly
Edition type
Revised edition
Illustrations
Illustrations
Dimensions
Height: 23.5 cm
Width: 15.6 cm
Thickness: 15 mm
Weight
270 gr
ISBN-13
978-0-471-71544-3 (9780471715443)
Schweitzer Classification
Other editions
New editions
Daniel A. Strachman
Getting Started in Hedge Funds
From Launching a Hedge Fund to New Regulation, the Use of Leverage, and Top Manager Profiles
Book
12/2010
3rd Edition
Wiley
€19.00
Shipment within 10-20 days
Additional editions
Daniel A. Strachman
Getting Started in Hedge Funds
E-Book
08/2005
2nd Edition
Wiley
€13.99
Available for download
Previous edition
Daniel A. Strachman
Getting Started in Hedge Funds
Book
02/2000
1st Edition
Wiley
€17.90
Article exhausted; check for reprint
Person
Daniel A. Strachman is Managing Director of the Answers & Company Group, LLC, a financial services firm. He is also the Editor of The Strachman Report, a bimonthly newsletter about long-term investment strategies. Mr. Strachman has contributed to publications such as the New York Post and the Financial Times, and is the author of the first edition of Getting Started in Hedge Funds, Essential Stock Picking Strategies, and Julian Robertson: A Tiger in the Land of Bulls and Bears, all published by Wiley.
Content
Acknowledgments.
Introduction: Why Hedge Funds?
Chapter 1: Hedge Fund Basics.
The Near Collapse of Long-Term Capital Management.
A Brief History of Hedge Funds.
The Current State of the Hedge Fund Industry.
Alfred Winslow Jones--The Original Hedge Fund Manager.
Chapter 2: How Hedge Funds Operate.
Starting a Hedge Fund.
Hedge Fund Regulations and Structures.
How Hedge Funds Use Leverage.
Patriarchs of the Hedge Fund World.
Hedge Funds Take All the Heat.
George Soros--The World's Greatest Investor.
Chapter 3: The Managers.
Judy Finger and Doug Topkis--Haystack Capital LP.
David Taylor and Mike Williams--Cover Asset Management LLC.
Paul Reiferson and Jeff Lopatin--Americus Partners LP.
Guy Wyser-Pratte--Wyser-Pratte.
Bill Michaelcheck--Mariner Investment Group.
Nancy Havens-Hasty--Havens Advisors LLC.
Steve Cohen--SAC Capital.
Chapter 4: Hedge Fund Investing.
An Investment Adviser.
An Institutional Investor.
Third-Party Marketers.
An Individual Investor.
A Consulting Firm.
A Manager of Managers.
Conclusion.
Appendix.
Hedge Fund Strategies.
Glossary.
Notes.
Index.
Introduction: Why Hedge Funds?
Chapter 1: Hedge Fund Basics.
The Near Collapse of Long-Term Capital Management.
A Brief History of Hedge Funds.
The Current State of the Hedge Fund Industry.
Alfred Winslow Jones--The Original Hedge Fund Manager.
Chapter 2: How Hedge Funds Operate.
Starting a Hedge Fund.
Hedge Fund Regulations and Structures.
How Hedge Funds Use Leverage.
Patriarchs of the Hedge Fund World.
Hedge Funds Take All the Heat.
George Soros--The World's Greatest Investor.
Chapter 3: The Managers.
Judy Finger and Doug Topkis--Haystack Capital LP.
David Taylor and Mike Williams--Cover Asset Management LLC.
Paul Reiferson and Jeff Lopatin--Americus Partners LP.
Guy Wyser-Pratte--Wyser-Pratte.
Bill Michaelcheck--Mariner Investment Group.
Nancy Havens-Hasty--Havens Advisors LLC.
Steve Cohen--SAC Capital.
Chapter 4: Hedge Fund Investing.
An Investment Adviser.
An Institutional Investor.
Third-Party Marketers.
An Individual Investor.
A Consulting Firm.
A Manager of Managers.
Conclusion.
Appendix.
Hedge Fund Strategies.
Glossary.
Notes.
Index.