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M Ohr (London, UK)

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The Invisible Hands: Hedge Funds Off the Record - Rethinking Real Money
The Invisible Hands: Hedge Funds Off the Record - Rethinking Real Money
by Steven Drobny
Edition: Hardcover

5 of 6 people found the following review helpful
5.0 out of 5 stars essential insight into risk management, 22 July 2010
An essential insider's guide to the best and brightest in the world of fund management. I think that what's most interesting to non professional and professional investors alike is the way these managers manage risk. They are managing money to maximize risk v. reward, not maximize returns. Only the best of the best have figured out that what is essential to consistently compound returns is to limit downside and cut losses. This often heard saying to cut losses and let winners run is so easy to say and yet so very hard to do in practice. Let Drobny's book serve as an essential text to see how the best and brightest manage this task.


Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets
Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets
by Steven Drobny
Edition: Hardcover

12 of 13 people found the following review helpful
5.0 out of 5 stars The New Market Wizards, 9 Jun. 2006
I have probably read almost every trading book out there over the years. As a prop trader and hedge fund manager, I found this book extremely well written and insightful for anyone interested in the industry. The managers in the book are the new breed of some of the best in the business out there. Its a great compilation of macro traders each with their own principal specialty. Its a great book for anyone interested in the business.


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