46 Best Hedge Funds Books of All Time

We've ranked the best hedge funds books using expert recommendations, sales data, and millions of reader ratings. At Shortform, we know books. Our book guides are the best in the world. Learn why.

The Big Short: Inside the Doomsday Machine book cover1

The Big Short: Inside the Doomsday Machine

Michael Lewis

5.0
Preview Summary
The real story of the crash began in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can't pay their debts. The smart people who understood what was or might be happening were paralyzed by hope an
Sheryl Sandberg portraitBarry Ritholtz portraitDavid Heinemeier Hansson portrait Recommended by Sheryl Sandberg, Barry Ritholtz, David Heinemeier Hansson, and 5 others.
Sheryl Sandberg portrait
Sheryl Sandberg

COO/Facebook

Michael Lewis's ability to boil down the most complicated subjects is like a magic trick. You can't believe your own eyes. He takes on important issues - from the 2008 Wall Street crash in "The Big Short" to parenting in "Home Game" - and breaks them down to the deepest truths. His combination of an extraordinarily analytical mind and a deep understanding of human nature allows him to weave together data and events to offer a fresh and insightful narrative. Whatever the topic, the result is always compelling and even thrilling. I am in awe of him. [source]

Barry Ritholtz portrait
Barry Ritholtz

Michael Lewis, to me, is the preeminent narrator of the financial crisis. He is the guy who constructs the story better than anybody else. [source]

The Black Swan: The Impact of the Highly Improbable book cover2

The Black Swan: The Impact of the Highly Improbable

Nassim Nicholas Taleb

5.0
Preview Summary
A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was.

The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from t
Bill Gates portraitJeff Bezos portraitPeter Thiel portrait Recommended by Bill Gates, Jeff Bezos, Peter Thiel, and 18 others.
Jeff Bezos portrait
Jeff Bezos

Founder/Amazon

From the book "The Everything Store: and the Age of Amazon" “The scholar argues that people are wired to see patterns in chaos while remaining blind to unpredictable events, with massive consequences. Experimentation and empiricism trumps the easy and obvious narrative,” Stone writes. [source]

James Altucher portrait
James Altucher

Founder/StockPickr

And throw in “The Black Swan” and “Fooled by Randomness”. “Fragile” means if you hit something might break. “Resilient” means if you hit something, it will stay the same. On my podcast Nassim discusses “Antifragility” – building a system, even on that works for you on a personal level, where you if you harm your self in some way it becomes stronger. That podcast changed my life He discusses Antifragility throughout history, up to our current economic situation, and even in our personal situations. [source]

When Genius Failed: The Rise and Fall of Long-Term Capital Management book cover3

When Genius Failed: The Rise and Fall of Long-Term Capital Management

Roger Lowenstein

4.9
Preview Summary

With a new Afterword addressing today’s financial crisis

A BUSINESS WEEK BEST BOOK OF THE YEAR

In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein expla

Max Levchin portraitJohn Gapper portrait Recommended by Max Levchin and John Gapper.
Max Levchin portrait
Max Levchin

Co-founder/PayPal, CEO/Affirm, Investor

Max Levchin recommended this book as an answer to "What business books would you advise young entrepreneurs read?" [source]

John Gapper portrait
John Gapper

The Fed itself did not bail out LTCM, but it was worried enough to get a bunch of big banks into the room and say, “Would you care to chip in and save this thing?” Which they obligingly did – and then liquidated it. The Fed foresaw that the failure of a single big hedge fund could send shock waves through the entire financial system. The issue of systemic risk was highlighted. [source]

More Money Than God: Hedge Funds and the Making of a New Elite book cover4

More Money Than God: Hedge Funds and the Making of a New Elite

Sebastian Mallaby

4.9
Based on author Sebastian Mallaby's unprecedented access to the industry, including three hundred hours of interviews, More Money Than God tells the inside story of hedge funds, from their origins in the 1960s and 1970s to their role in the financial crisis of 2007-2009.

Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first century capitalism. Ken
Deepak Shenoy portrait Recommended by Deepak Shenoy.
The Intelligent Investor: The Classic Text on Value Investing book cover5

The Intelligent Investor: The Classic Text on Value Investing

Benjamin Graham

4.8
Preview Summary
The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949.
Warren Buffett portraitJamie Dimon portraitKevin Rose portrait Recommended by Warren Buffett, Jamie Dimon, Kevin Rose, and 6 others.
Warren Buffett portrait
Warren Buffett

CEO/Berkshire Hathaway

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. This book precisely and clearly prescribes the proper framework. You must provide the emotional discipline. [source]

Kevin Rose portrait
Kevin Rose

Co-founder/Digg

The foundation for investing. A lot of people have used this as their guide to getting into investment, basic strategies. Actually Warren Buffett cites this as the book that got him into investing and he says that principles he learned here helped him to become a great investor. Highly recommend this book. It’s a great way understand what’s going on and how to evaluate different companies out there before you make an investment. [source]

DJ Vlad portrait
DJ Vlad

The single biggest influence on how I buy and sell stocks. [source]

Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice book cover6

Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice

Bill Browder

4.8
A real-life political thriller about an American financier in the Wild East of Russia, the murder of his principled young tax attorney, and his dangerous mission to expose the Kremlin's corruption.

Bill Browder's journey started on the South Side of Chicago and moved through Stanford Business School to the dog-eat-dog world of hedge fund investing in the 1990s. It continued in Moscow, where Browder
Eric Ries portraitAnand Sanwal portraitBen Saunders portrait Recommended by Eric Ries, Anand Sanwal, Ben Saunders, and 8 others.
Eric Ries portrait
Eric Ries

Founder/Long-Term Stock Exchange

This reads like a thriller, but is an urgent and important story about the dangers of Putin’s Russia and the events leading to the Magnitsky Act. [source]

Anand Sanwal portrait
Anand Sanwal

@geoffreysbatt @patrick_oshag 2/ Reminded a bit of the story of @Billbrowder as told in the remarkable book Red Notice which chronicles his investments in Russia very early before everyone saw the opportunity [source]

Ben Saunders portrait
Ben Saunders

Just finished @Billbrowder's extraordinary book Red Notice. Inspiring, alarming, unsettling and illuminating in equal measure. I thought I knew a few things about ambition and endeavour in challenging environments, but this is something else. Highly recommended. https://t.co/m4wxR4qesa [source]

The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History book cover7

The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History

Gregory Zuckerman

4.8
In 2006, hedge fund manager John Paulson realized something few others suspected--that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. He had spent a career as an also-ran on Wall Street. But Paulson was convi
Charles T. Munger portraitCharlie Munger portraitFabrice Grinda portrait Recommended by Charles T. Munger, Charlie Munger, and Fabrice Grinda.
Hedge Fund Market Wizards book cover8

Hedge Fund Market Wizards

Jack D. Schwager

4.8
Fascinating insights into the hedge fund traders who consistently outperform the markets, in their own words

From bestselling author, investment expert, and Wall Street theoretician Jack Schwager comes a behind-the-scenes look at the world of hedge funds, from fifteen traders who've consistently beaten the markets. Exploring what makes a great trader a great trader, "Hedge Fund Market Wizards" brea
Reminiscences of a Stock Operator: The Classic Novel Based on the Life of Legendary Stock Market Speculator Jesse Livermore book cover9

Reminiscences of a Stock Operator: The Classic Novel Based on the Life of Legendary Stock Market Speculator Jesse Livermore

Edwin Lefevre

4.8
Reminiscences of a Stock Operator is the unforgettable story of the life of Jesse Livermore, one of Wall Street's greatest ever stock speculators.

Loosely fictionalised in 1923 in collaboration with journalist Edwin Lefevre, this is the story of the highs and the lows, the strategies and the street smarts, the epic wins (and sometimes epic losses) that has inspired generations of investors and trad
Alykhan Satchu portraitBill Liao portraitJoshua M. Brown portrait Recommended by Alykhan Satchu, Bill Liao, Joshua M. Brown, and 3 others.
Alykhan Satchu portrait
Alykhan Satchu

My all time favorite Book https://t.co/UxwPMlAcXU [source]

Bill Liao portrait
Bill Liao

The human world occurs in language so best get good at it! [source]

Joshua M. Brown portrait
Joshua M. Brown

Each new generation of traders gets inspired by this book but I have come to love it as more of a cautionary tale. and FYI, this is the better book for that context: https://t.co/116lNciXCF https://t.co/mEYn2ZAqPI [source]

One Up On Wall Street: How to Use What You Already Know to Make Money in the Market book cover10

One Up On Wall Street: How to Use What You Already Know to Make Money in the Market

Peter Lynch

4.8
Preview Summary
THE NATIONAL BESTSELLING BOOK THAT EVERY INVESTOR SHOULD OWN

Peter Lynch is America's number-one money manager. His mantra: Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.

Now, in a new introduction written specifically for this edition of One Up on Wall Street, Lynch gives his take on th
Bill Ackman portraitPatrick Swalls portrait Recommended by Bill Ackman, Patrick Swalls, and 1 others.
Market Wizards, Updated: Interviews with Top Traders book cover11

Market Wizards, Updated: Interviews with Top Traders

Jack D. Schwager

4.7
The world's top trader's reveal the secrets of their phenomenal success!

How do the world's most successful traders amass tens, hundreds of millions of dollars a year? Are they masters of an occult knowledge, lucky winners in a random market lottery, natural-born virtuosi--Mozarts of the markets? In search of an answer, bestselling author Jack D. Schwager interviewed dozens of top traders across mo
Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street book cover12

Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street

Sheelah Kolhatkar

4.7
The story of billionaire trader Steven Cohen, the rise and fall of his hedge fund SAC Capital, and the largest insider trading investigation in history for readers of The Big Short, Den of Thieves, and Dark Money

Steven A. Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn't lay railroads, build factories, or invent new technologies. Rather, they made their billio
Max Levchin portrait Recommended by Max Levchin.
The Most Important Thing: Uncommon Sense for the Thoughtful Investor book cover13

The Most Important Thing: Uncommon Sense for the Thoughtful Investor

Howard Marks

4.7
Preview Summary
"This is that rarity, a useful book."--Warren Buffett

Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commenta
Warren Buffett portraitHenry Medine portrait Recommended by Warren Buffett and Henry Medine.
Henry Medine portrait
Henry Medine

Whenever I am assessing an investment decision I refer to Howard Marks (Oaktree Capital Management) The Most Important Thing: Uncommon Sense for the Thoughtful Investor. He lays out explicit techniques for reaching second level thinking and outlines particular questions any investor should ask themselves before making an investment decision. I paraphrased the lessons I found most useful and refer to them whenever I am looking at an investment opportunity. [source]

Inside the House of Money: Top Hedge Fund Traders on Profiting in a Global Market book cover14

Inside the House of Money: Top Hedge Fund Traders on Profiting in a Global Market

Steven Drobny

4.7
Inside the House of Money lifts the veil on the typically opaque world of hedge funds, offering a rare glimpse at how today's highest paid money managers approach their craft. Author Steven Drobny demystifies how these star traders make billions for well-heeled investors, revealing their theories, strategies and approaches to markets. Drobny, cofounder of Drobny Global Advisors, an international m
The Invisible Hands: Hedge Funds Off the Record - Rethinking Real Money book cover15

The Invisible Hands: Hedge Funds Off the Record - Rethinking Real Money

Steven Drobny, Nouriel Roubini

4.7
Timely investment advice from the investors who survived--and thrived--during the economic crisis In light of the colossal losses and ongoing difficulties caused by the financial crisis, it's obvious that the time has come to rethink money management in the broadest of terms. Drastic changes are clearly in order, but no new model has yet been implemented. Steven Drobny explores a new model from a
The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It book cover16

The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It

Scott Patterson

4.7
“Beware of geeks bearing formulas.”
--Warren Buffett

In March of 2006, the world’s richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with million-dollar stakes, but those numbers meant nothing to them. They were accustomed to risking billions.

At the card table that night was Peter Muller, an eccentric, whip-smart whiz kid who’d studied
Barry Ritholtz portraitRyan Graves portrait Recommended by Barry Ritholtz and Ryan Graves.
Homewreckers book cover17

Homewreckers

Aaron Glantz

4.7
In the spirit of Evicted, Bait and Switch, and The Big Short, a shocking, heart-wrenching investigation into America’s housing crisis and the modern-day robber barons who are making a fortune off the backs of the disenfranchised working and middle class—among them, Donald Trump and his inner circle.

Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I s
David Sirota portraitRichard W. Painter portrait Recommended by David Sirota and Richard W. Painter.
David Sirota portrait
David Sirota

Another must-read book out today is this one from @Aaron_Glantz — it’s about how our government allowed private equity vultures to profit off the pain, suffering and misery of the housing crisis. https://t.co/ekG7U8SNFu [source]

Richard W. Painter portrait
Richard W. Painter

@Aaron_Glantz @democracynow Great book! But what a racket! [source]

Bite the Ass Off a Bear: Getting In and Standing Out On a Hedge Fund Trading Floor book cover18

Bite the Ass Off a Bear: Getting In and Standing Out On a Hedge Fund Trading Floor

Garth Friesen

4.7
19

Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

Christine S. Richard, Caroline Shaffer, et al

4.7
An expose on the delusion, greed, and arrogance that led to America's credit crisis.

The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to
The Private Equity Playbook: Management's Guide to Working with Private Equity book cover20

The Private Equity Playbook: Management's Guide to Working with Private Equity

Adam Coffey

4.7
Private equity firms are on the rise and rapidly changing the game. Today more than 5,500 P.E. firms own tens of thousands of companies, so it is essential for CEOs and senior management executives to understand exactly how private equity firms operate. This invaluable resource can help you devise a winning P.E. game plan for your own company that offers you greater freedom and financial success.
Money Mavericks: Confessions of a Hedge Fund Manager book cover21

Money Mavericks: Confessions of a Hedge Fund Manager

Lars Kroijer

4.7
A new edition of this revealing and incisive account of the incredible inside workings of hedge funds. Shedding light on the incredible inside workings of hedge funds, this book charts the interminable rise of Holte Capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went from relative obscurity to something everyone wanted to discuss.
The Billionaire's Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund book cover22

The Billionaire's Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund

Anita Raghavan

4.7
Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now...

The collapse of t
The Complete Penny Stock Course: Learn How To Generate Profits Consistently By Trading Penny Stocks book cover23

The Complete Penny Stock Course: Learn How To Generate Profits Consistently By Trading Penny Stocks

Jamil Ben Alluch

4.7
You can learn trading penny stocks from the masses and become part of the 90% of traders who lose money in the stock market, or you can learn from the Best. The Complete Penny Stock Course is based on Timothy Sykes', various training programs. His strategies have helped individuals like Tim Grittani, Michael Goode and Stephen Dux become millionaires within a couple of years.

This course aims to tea
An American Hedge Fund; How I Made $2 Million as a Stock Market Operator & Created a Hedge Fund book cover24

An American Hedge Fund; How I Made $2 Million as a Stock Market Operator & Created a Hedge Fund

Timothy Sykes

4.7
$2 trillion is invested in the hedge fund industry, and yet, due to industry regulations, the general public knows little about them. This book will change everything. Timothy turned $12,000 of Bar Mitzvah gift money into $1.65 million trading thousands of stocks from 1999-2002, managed the #1 Short Bias Hedge Fund from 2003-2006, starred in the television documentary Wall Street Warriors, and app
Hedge Funds For Dummies book cover25

Hedge Funds For Dummies

Ann C. Logue

4.7
If you want to diversify your portfolio and lower your risk exposure with hedge funds, here's what you should know: Hedge Funds For Dummies explains all the different types of funds, explores the pros and cons of funds as an investment, shows you how to find a good broker, and much more. Authored by Ann Logue, a financial writer and hedge fund specialist, this handy, friendly guide covers all the
Fooling Some of the People All of the Time, a Long Short (and Now Complete) Story, Updated with New Epilogue book cover26

Fooling Some of the People All of the Time, a Long Short (and Now Complete) Story, Updated with New Epilogue

David Einhorn

4.7
A revealing look at Wall Street, the financial media, and financial regulators by David Einhorn, the President of Greenlight CapitalCould 2008's credit crisis have been minimized or even avoided? In 2002, David Einhorn-one of the country's top investors-was asked at a charity investment conference to share his best investment advice. Short sell Allied Capital. At the time, Allied was a leader in t
Hedge Fund Secrets: An Introduction to Quantitative Portfolio Management book cover27

Hedge Fund Secrets: An Introduction to Quantitative Portfolio Management

Philip J. Romero and Tucker Balch

4.7
Hedge Fund Secrets provides a needed complement to journalistic accounts of the hedge fund industry, to deepen the understanding of nonspecialist readers such as policy makers, journalists, and individual investors. The book is organized in modules to allow different readers to focus on the elements of this topic that most interest them. Its authors include a fund practitioner and a computer scien
Hedgehogging book cover28

Hedgehogging

Barton Biggs

4.7
Diary of a Hedge Fund Manager: From the Top, to the Bottom, and Back Again book cover29

Diary of a Hedge Fund Manager: From the Top, to the Bottom, and Back Again

Keith McCullough and Rich Blake

4.6
A fast-paced ride through the world of hedge funds revealing the unvarnished truth of how Wall Street really operates, and how to use this to your advantage An insider's view of the high stakes world of money management, Diary of a Hedge Fund Manager is both a practical guide for investors and the deeply personal story of a man who knows the system inside and out. One of the best young portfolio m
The Hedge Fund Book: A Training Manual for Professionals and Capital-Raising Executives book cover30

The Hedge Fund Book: A Training Manual for Professionals and Capital-Raising Executives

Richard C. Wilson

4.6
An accessible guide to effectively operating in the hedge fund arena Hedge funds are now in the news more than a thousand times a day and yet it is hard to find clear, factual information about how they operate, raise capital, and invest. The Hedge Fund Book provides real-world case studies of various hedge fund managers providing a solid foundation in specialized hedge fund knowledge for both fin
The Option Trader's Hedge Fund: A Business Framework for Trading Equity and Index Options (Paperback) book cover31

The Option Trader's Hedge Fund: A Business Framework for Trading Equity and Index Options (Paperback)

Dennis Chen

4.6
In this book, a hedge fund manager and an option trading coach show you how to earn steady, reliable option income trading options by managing your trades and running your option portfolio as a real business following the fundamental principles of an "insurance company". Mark Sebastian (TheStreet.com, OptionPit.com) and hedge fund manager Dennis Chen (Smart Income Partners, Ltd.) explain why this
32

Penny Stocks for Dummies

Peter Leeds

4.6
Want to make a big bet for an even bigger return? Start thinking small! While the majority of penny stocks are very risky, choosing the right ones can be extremely lucrative. Written by penny stock expert Peter Leeds--also known as The Penny Stock Professional--this hands-on, friendly guide takes the guesswork out of investing in penny stocks and gives you the knowledge to make smart investment ch
Investing in Films: The 12.5 Secrets Elite Investors Keep for Themselves: A Survival Kit for High Net Worth Individuals and Hedge Funds to Make Sound Investments in Independent Film book cover33

Investing in Films: The 12.5 Secrets Elite Investors Keep for Themselves: A Survival Kit for High Net Worth Individuals and Hedge Funds to Make Sound Investments in Independent Film

René Bourdages

4.6
Reviews: "A unique and insightful book! Producers will benefit from it just as much as investors will, as it helps to unlock the secrets of making smart film investments, and profitable financial structures." Clark Peterson Producer of the Academy Award-winning Monster and numerous other films "This book captures the essence of independent film financing like nothing else I've read before. I've pr
The Hedge Funds Book: How to Invest in Hedge Funds & Earn High Rates of Return Safely book cover34

The Hedge Funds Book: How to Invest in Hedge Funds & Earn High Rates of Return Safely

Alan Northcott

4.6
Money managers have traditionally used hedge funds as they would mutual funds: to pool investors' money and place it in financial instruments in an effort to make a high positive return. Hedge funds have typically been available only to the affluent or to investors with inside contacts, but today that has changed. Almost any investor can now participate in a hedge fund and earn those high returns.
What Hedge Funds Really Do: An Introduction to Portfolio Management book cover35

What Hedge Funds Really Do: An Introduction to Portfolio Management

Philip J. Romero

4.6
When I managed a hedge fund in the late 1990s, computer-based trading was a mysterious technique only available to the largest hedge funds and institutional trading desks. We've come a long way since then. With this book, Drs. Romero and Balch lift the veil from many of these once-opaque concepts in high-tech finance. We can all benefit from learning how the cooperation between wetware and softwar
The Alpha Masters: Unlocking the Genius of the World's Top Hedge Funds book cover36

The Alpha Masters: Unlocking the Genius of the World's Top Hedge Funds

Maneet Ahuja, Myron Scholes, et al.

4.6
The ultimate behind-the-curtain look at the hedge fund industry, unlocking the most valuable stories, secrets, and lessons directly from those who have played the game best. Written by Maneet Ahuja, the hedge fund industry insider, The Alpha Masters brings the secretive world of hedge funds into the light of day for the first time. As the authority that the biggest names in the business, including
Hedge Hunters: Hedge Fund Legends on the Art of the Trade and the Best New Managers book cover37

Hedge Hunters: Hedge Fund Legends on the Art of the Trade and the Best New Managers

Katherine Burton

4.6
One of Amazon.com's Best Books of 2007
Top 10 Editor's Picks: Finance and InvestingThe hedge fund industry's top managers have a penchant for high returns and low profiles. The combination makes them a regular focus of the media, eager to know what makes them tick. Now, thanks to Katherine Burton, who's been covering these noteworthy traders for Bloomberg News for more than a decade, we know consid
Hedge Fund Mirage book cover38

Hedge Fund Mirage

Simon A. Lack

4.6
The dismal truth about hedge funds and how investors can get a greater share of the profits Shocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good.

Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, co
39

From Zero to Sixty on Hedge Funds and Private Equity 3.0

Jonathan Stanford Yu

4.6
The Goal of this Book: The goal of this book is to give you two things regarding hedge funds, private equity, and other asset management firms. Two things that anybody can learn and then use to talk about with their friends and coworkers. The first is the knowledge - a foundation tool set of key words, industry phrases and financial concepts made clear in plain english. This book puts meanings and
40

One Step Ahead: Private Equity and Hedge Funds After the Global Financial Crisis

Timothy Spangler

4.6
A jargon-free guide to how investment funds operate and have broken free of the financial crises to grow and prosper

In One Step Ahead, Timothy Spangler – author of the award-winning Forbes.com blog “Law of the Market” – provides a compelling account of how flexible and entrepreneurial investment firms can prosper in a volatile and rapidly changing financial world.

From the Occupy Movement to the pu
All About Hedge Funds, Fully Revised Second Edition (General Finance & Investing) book cover41

All About Hedge Funds, Fully Revised Second Edition (General Finance & Investing)

Ezra Zask

4.6
""Every investor stands to benefit from Zask's long experience and winning narrative."" -- Donald H. Putnam, Managing Partner, Grail Partners LLC

""An easy-to-understand history lesson and guide to the often misunderstood world of hedge funds . . . a no-nonsense explanation of the industry written so that just about anyone can understand it. I highly recommend it."" -- Mitch Ackles, President of Th
Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee. book cover42

Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.

James Simons, Jonathan Mayers, et al.

4.6
The Top Ten Operational Risks: A Survival Guide for Investment Management Firms and Hedge Funds book cover43

The Top Ten Operational Risks: A Survival Guide for Investment Management Firms and Hedge Funds

Holly H. Miller, Philip Lawton CFA, et al.

4.5
More than ever before, institutional investors and their consultants are probing investment management firms' risk management policies and procedures. Beyond market, credit and liquidity risk, their concern extends to investment managers' back- and middle-office functions. For example, investors and consultants are asking: -Is the firm managed and staffed by qualified people? -Are workflows proper
Hedge Funds: Comprehensive Beginner's Guide to create Wealth using Hedge Funds book cover44

Hedge Funds: Comprehensive Beginner's Guide to create Wealth using Hedge Funds

Gregory Becker

4.5
The Complete Guide to Hedge Funds and Hedge Fund Strategies book cover45

The Complete Guide to Hedge Funds and Hedge Fund Strategies

D. Capocci

4.5
One-stop-guide to the hedge fund industry, investment and trading strategies adopted by hedge funds and the industry's regulation. For anyone with an interest in investing or managing funds, it presents everything practitioners need to know to understand these investment vehicles from their theoretical underpinnings, to how they work in practice.
Extreme Value Hedging: How Activist Hedge Fund Managers Are Taking on the World book cover46

Extreme Value Hedging: How Activist Hedge Fund Managers Are Taking on the World

Ronald D. Orol

4.5
Activist hedge fund managers represent a small part of the $1.5 trillion hedge fund industry, but their approach is causing a stir among traditional managers and the investment community because they are shaking up the corporate establishment and making money for their investors. These types of managers are here to stay and Extreme Value Hedging tells the story of their rise to power in the U.S. a