Review
"a readable, relevant book, with lessons a new generation of hedge-fund managers...would do well to take to heart … the book celebrates, in individual profiles, the experience and know-how of hedge fund “masters”. burton brings to light a delightfully disparate, even eccentric, cohort in a field that manages an estimated $1.7 trillion. ‘in sum, burton has written a readable, relevant book, with lessons a new generation of hedge-fund managers, in a decidedly less hospitable investment climate, would do well to take to heart."
barron’s
“this is a well-written and accessible book, and readers with scant knowledge of hedge funds will be able to enjoy the interviews…an entertaining, informative and easy-to-read book. i would recommend it to hedge fund investors and non-investors alike.”
fund strategy
"eloquently written and obviously well researched. burton has managed to bring out the lively personalities of these wall street titans…all in all, an entertaining and informative read which really is actually hard to put down."
pensions age
"this collection of interviews is much more useful then those books which only espouse a single viewpoint."
securities & investment review
"in an astute move that separates the book from others in its class, burton also probe the most established players in the industry on who they believe are the rising stars of the hedge fund management- then speaks to them too juxtaposing the experience of the veterans with the fresh energy of their protégés. it is a lively read that cuts through the industry jargon to paint a straightforward and occasionally compelling picture of those at its heart."
the business
"her lengthy interviews with these managers are a window onto how wealth operates. the conversations recorded in this book are strewn with gems. burton’s book surprises with is comedy and colour."
international herald tribune
“great descriptions of the backgrounds, philosophies, and practices of the best managers, told in a rapid, entertaining narrative.”
david einhorn, manager, greenlight capital hedge fund
“this is a page-turner, with insights from some of the legends of the hedge fund industry. and it’s written in a wonderfully engaging style by a veteran journalist with unprecedented access to these titans of wall street.”
andrew w. lo, harris & harris group professor, director, mit laboratory for financial engineering, mit sloan school of management
Andrew W. Lo, Harris & Harris Group Professor, Director, MIT Laboratory for Financial Engineering, MIT Sloan School of Management
Fund Strategy, 10 December 2007
Barron's
Pensions Age, December 2007
Securities & Investment Review, January 2008
The Business, 15 December 2007
International Herald Tribune, 21 December 2007
Business Opportunities and Ideas blog, Feb 2008
Product Description
they're known as the great investors, the market wizards, the financial giants: julian robertson, michael steinhardt, t. boone pickens, hugh sloane, to name a few. they are the men that created the trillion-dollar hedge fund industry by taking the right bets, not only when it came to money but also when it came to people. knowing what makes a great trader, they pick their managers as carefully as they pick their investments.
notorious for their secrecy, these managers have now opened their doors to the public for the first time. they talk about the biggest challenges they face; and how they enter, exit and size a trade. they reveal the people that share their gift for money management, those who define the industry today and those who will continue to shape the future of the hedge fund world.
as an investor or a market watcher, you will be intrigued as well as informed, by this unprecedented look at the hedge hunters who continue to define the hedge fund world.
Book Description
the world's best hedge fund managers on how they find great traders and top talent, answering questions such as: what makes a great investor? what sets him apart as a manager? how is he able to produce high returns?
About the Author
katherine burton is a reporter at bloomberg news, covering hedge funds and investment management. prior to joining bloomberg, she wrote for the international herald tribune and us news & world report. she has an mba from new york university and is a winner of the 2001 society of american business editors and writers award for breaking news, and the 2005 new jersey chapter of the society of professional journalists award for excellence in journalism for business writing.