Getting Started in Hedge Funds

by Daniel A. Strachman

Getting Started in Hedge Funds , Second Edition removes the veil of secrecy surrounding hedge funds and provides investors with a complete and highly accessible introduction to the world of hedge funds. Filled with comprehensive updates and additions, Getting Started in Hedge Funds, Second Edition offers readers the latest information about this continuously growing area of finance. It outlines how hedge funds operate, guidelines for choosing a hedge fund, strategies for fund managers, new investors can 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 and Getting Started in Hedge Funds, Second Edition has everything readers need to know to benefit from this lucrative investment vehicle.

Genres: Business

198 pages, Paperback

First published February 4, 2000

Reviews

[Ethan Quinn · Rating 4 out of 5]

Definitely a niche that will not appeal to the masses but, a good insight into the lives of the elite. With lessons learnt through recent history (slightly outdated), a clearer picture has been painted of how investing has changed over the years for the better, power to the people and all that

[Ashley]

Good book about the operational and structural details of opening hedge fund. Insightful, and illuminating on the details involved in opening and operating a fund. Thankfully ignores trading strategies completely. Does make several references to going long and short stock, at a high level, which seems like more of an artifact of history than an attempt at pigeonholing hedge funds as "stock only" operations.

You finish the book with a clear understanding of what the next steps in the process of opening a fund are, and what order they need to be carried out in, as well as how much capital is required and on what schedule it needs to be employed.

[Phillip Dawid]

A good introduction.

[Korey · Rating 4 out of 5]

Books accomplishes what it set out to do. Basic, skim of hedge funds. I enjoyed the individual stories of hedge fund founders. Quick, light read.