Details
The Little Book of Hedge Funds
What You Need to Know About Hedge Funds, but the Managers Won't Tell You2. Aufl.
21,99 € |
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Verlag: | Wiley |
Format: | |
Veröffentl.: | 31.10.2024 |
ISBN/EAN: | 9781394286683 |
Sprache: | englisch |
Anzahl Seiten: | 304 |
DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.
Beschreibungen
<p><b>Master the art of hedge fund investment in a high-interest-rate environment</b> <p>In the newly updated <i>The Little Book of Hedge Funds</i> by celebrated financier Anthony Scaramucci, you'll find a crucial roadmap through the intricate world of hedge funds in the aftermath of significant financial shifts. Scaramucci breaks down complex investment strategies into understandable insights, adapting to the high-stakes environment of post-2008 and post-Covid economics. This edition is tailored for anyone aiming to grasp the pivotal changes and seize investment opportunities in the evolving landscape of hedge funds. <p>Detailing the transformation from a decade of near-zero interest rates to an era of higher rates and inflation, this book explores how hedge funds have adapted and what investors must know to thrive. Through expert analysis, interviews with legendary investors, and forward-looking predictions, Scaramucci provides a comprehensive view on managing investments with higher risks, choosing the right fund managers, and understanding the future trajectory of hedge funds. <p>In the book, you'll: <ul> <li>Learn how the hedge fund industry has evolved through significant economic shocks</li> <li>Gain strategies for selecting hedge fund managers in a higher risk environment</li> <li>Understand the potential future directions of hedge funds and how they may impact investors</li> </ul> <p><i>The Little Book of Hedge Funds</i> is an essential guide for navigating the complexities of hedge funds in today's financial climate. Whether you're a novice investor, a seasoned financier, or a professional within the financial sector, this book equips you with the knowledge to make informed decisions and capitalize on hedge fund investments.
<p>Foreword xi</p> <p>Introduction: Goin’through Changes xv</p> <p>Chapter One What Is a Hedge Fund?: The Traditional Long-Only Portfolio Versus the Alternative Hedge Fund Portfolio 1</p> <p>Chapter Two The Parlor Cars of the Gravy Train: The Long and the Short of It 31</p> <p>Chapter Three Accessing the Inaccessible: From the Elite to Main Street 55</p> <p>Chapter Four Heads We Win; Tails You Lose: Eating Your Own Cooking While Enduring Symmetrical Glories and Punishments 71</p> <p>Chapter Five The Alpha Game: In Search of El Dorado 85</p> <p>Chapter Six Ironing Out Inefficiencies: Exploiting the Efficient Market Theory 101</p> <p>Chapter Seven A Balancing Act: Outperforming the Market While Taking Less Risk 121</p> <p>Chapter Eight Private Parts: Inside the Wild, Booming World of Private Equity (and More) 147</p> <p>Chapter Nine If You Can’t Beat ’Em, Join ’Em: Hedge Fund Manager Selection and Due Diligence 175</p> <p>Chapter Ten The Men Behind the Curtains: Fund of Hedge Funds 201</p> <p>Chapter Eleven From Wall Street to Park Avenue: Setting Up Shop at the Hedge Fund Hotel 223</p> <p>Conclusion: The Shape of Things to Come 243</p> <p>Appendix: Due Diligence Questionnaire 249</p> <p>Notes 255</p> <p>Acknowledgments 261</p>
<p><b>Anthony Scaramucci, <small>JD</small>,</b> is the founder and co-managing partner of SkyBridge Capital, a global alternative investment manager that invests in hedge funds, digital assets, private equity, and real estate. He earned a law degree from Harvard Law School in 1989 and has held a variety of positions in the finance industry from 1989 to today.
<p><B>Praise for<BR> <small>THE LITTLE BOOK OF</small> HEDGE FUNDS</B> <p>“This <i>Little Book</i> does a great job providing an insider’s perspective on the hedge fund industry and why they will always be an important part of a well-diversified portfolio.”<BR> <b>—LEE COOPERMAN,</b> Chairman and CEO of Omega Family Office, former General Partner, Goldman Sachs <p>“In the second edition of <i>The Little Book of Hedge Funds</i>, Scaramucci demystifies the complexities of hedge funds with the wit and insight of an investment veteran, making an otherwise opaque world both accessible and engaging. Sharp, informative, and incredibly entertaining.”<BR> <b>—JOE DOWLING,</b> Senior Managing Director and the Global Head of Blackstone Multi-Asset Investing (BXMA)