I thoroughly enjoyed this book. First and foremost its well written, with flowing prose and its told almost as a story rather than an academic text. So its a book you don't want to put down rather than a book you have to push yourself to pick up!
This book gives a great insight into what Hedge Funds really do and what the risks and rewards are. For this I would really recommend it. There are only two minor things I would be critical of. First, its entirely focused on the US. I know that international Hedge Funds are a recent development - but in the last 10 years, there have been some very large Hedge Funds outside the US. These are not mentioned. Secondly, the author may be suffering a little from Stockholm syndrome. I think he may have drank a little of the Hedge Fund kool-aid and this book isn't as balanced as it could be.
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