Best books to read about Hedge Funds?
I am fairly new on this website and want to learn more about hedge funds.. what are the best books written on hedge funds?
I am fairly new on this website and want to learn more about hedge funds.. what are the best books written on hedge funds?
Career Resources
More Money Than God
nice easy read.
The Big Short, Diary of a Very Bad Year, and The Greatest Trade Ever. In that order haha.
Hedge Fund Market Wizards is a good one.
More Money Than God is my favorite.
Relative Value HF Reading (Originally Posted: 12/18/2017)
Figured I'd get some good answers from this forum. I have a final round interview this week with a relative value hedge fund (all asset classes) and I'd love to read a book tomorrow on the plane that would be thought provoking and give me some things to talk about in my interviews. Any ideas?
Have you read "When Genius Failed"?
The Hedge Fund Book: A Monkey's Review (Originally Posted: 05/03/2012)
“You know what I want? One day, to be on the other end of that phone.” “You got it Buddy—where the real cheesecake is.” – Wall Street
The movie glosses over this entirely, but if you want to be the hedge fund manager or private equity big shot on the other end of the phone, you’ve got to understand what it takes to run a hedge fund on a day-to-day basis—and not just from the manager’s chair.
That’s right, monkeys. It ain’t just about picking a trading strategy, beating the S&P500 and making plans for what yacht you’re going to buy with your first performance fee.
There were some pretty good, well-thought-out responses to “What kind of hedge fund would you start?” last week, but how many of you know how much it costs to set up an independent board of directors for your fund? How long should your Powerpoint presentation be when pitching to new clients and raising capital? What resources are available for connecting start-up hedge funds with potential seed money? Which criteria should be used when choosing service providers? What activities do you want to outsource, and which operations do you want to keep in house? How do you prepare for an audit, both internally and externally?
“The Hedge Fund Book” takes all that nitty-gritty, operational, back-office stuff that a lot of us would prefer not to think about from our fantasy top-floor office and condenses a lot of it into less than 200 pages. A lot of monkeys on this site have their sights set on managing their own hedge fund, which is a highly-sought after job for a reason. But as we all know, anything entrepreneurial is a big risk, and running a hedge fund is in some ways even more challenging than running a small business. Even if running your own shop isn’t your goal, it’s still worth a read to gain a more granular look at the industry behind all different types of funds.
It’s also pretty easy to study, given chapter-by-chapter summaries, questions, and links to other resources and video content for continuing education.
If you had to summarize the most important lesson in “The Hedge Fund Book,” you can’t go wrong with the introductory quote to Chapter 2:
“There are three ways to raise capital: having more high net worth friends than the next fund manager, landing early institutional allocations, or hard work. Get to work.”
Read up, monkeys!
Monkey’s Review 1: Barbarians At the Gate Monkey’s Review 2: The Financier Monkey’s Review 3: Decision Points Monkey’s Review 4: Debunkery Monkey’s Review 5: When Genius Failed Monkey’s Review 6: Monkey Business Monkey’s Review 7: Death Of The Banker Monkey’s Review 8: A Journey Monkey’s Review 9: Damn It Feels Good To Be A Banker Monkey’s Review 10: The Quants Monkey’s Review 11: All About Hedge Funds Monkey’s Review 12: The Unlikely Disciple Monkey’s Review 13: Adventure Capitalist Monkey’s Review 14: The Hedge Fund Book Monkey’s Review 15: Investing In Hedge Fund of Funds Monkey’s Review 16: Hilarity Ensues Monkey’s Review 17: The Prince Monkey’s Review 18: Markets Never Forget (But People Do) Monkey’s Review 19: The Money Culture
Training: From nothing to hedge fund material (Originally Posted: 05/21/2012)
Dear Members of WSO, I would please like to ask for your advise:
I am an economics major, due to a change in majors, I am not able to take a single finance course, nor do I have any finance internship experience.
Can anyone recommend a study schedule for me to be fully prepared for a job in Asset Management / Hedge fund.
It would be great if the schedule would make me fully competent in the workplace, as well as capable of answering the technical interview questions.
Thank you very much.
I'll tie you around my leg and in a week you should be employable by 99% of HFs. Or you can just read every post on Hedge Funds on this site, plus every book recommended in those posts. I'd do that.
Would love to shadow with you for a week!
Read, raed, reed, network, newtork, netwrok
HF marketing books? (Originally Posted: 08/18/2014)
Anyone have any old or recent HF pitches kicking around? I'm working on one and it would be nice to have some to look at as inspiration.
Unfortunately I don't know anyone who works at a fund of funds, they must have hundreds on file.
If you could help it would be much appreciated!
Thanks
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