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The New Investment Superstars

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The New Investment Superstars

13 Great Investors and Their Strategies for Superior Returns

Wiley,

15 min read
10 take-aways
Text available

What's inside?

Meet the new generation of hedge fund managers, whose names might one day be as recognizable as Robertson, Steinhardt and Soros.

Editorial Rating

7

Qualities

  • Background
  • Insider's Take

Recommendation

Lois Peltz has stolen the keys to Wall Street’s inner sanctum and is waving you over to take a peek inside. Her insights on the hedge fund money machine - how it works, who runs it and how - should enthrall insiders and outsiders alike. She begins with the grand old gentlemen of the game, the likes of Julian H. Robertson Jr., Michael Steinhardt and George Soros, and tells how Soros speculated his way to a $2 billion profit - in one day! She shows how the game is played, and gives an insider’s perspective on the methods of the new superstar managers. The in-depth profiles include: Lee Ainslie, Leon Cooperman, Ken Griffin, John Henry, Mark Kingdon, Bruce Kovner, Daniel Och, Raj Rajartnam, Paul Singer and Brian Stark. These managers will build the vast fortunes of the future while also amassing their own. getAbstract encourages investors, Wall Street players and interested spectators to hedge their bets, and buy this book.

Summary

On the Hedge-Fund Horizon

New stars are emerging on the investment horizon: hedge fund managers who consistently generate superior returns and also manage downside risks and reduce volatility. These managers share certain common traits:

  • Most have Ivy League backgrounds and/or MBA degrees.
  • Most view markets opportunistically.
  • Most use fundamental research.
  • They worry more about delivering superior performance under various market conditions.
  • They worry less about amassing the largest amount of assets under management.
  • Most fill the role of coordinator and overseer of the fund.
  • Minimum investments are higher and the asset lock-up tends to be longer. Some funds bar new investors to maximize returns.
  • Most fund managers lead balanced lives, and enjoy sports as a common free-time activity.
  • They share a passion for their work.
  • They have an ability to manage downside risk.
  • They wish to institutionalize their firms, including having planned succession.
  • They invest a lot of their own money in their funds.
  • The use investment committees.
  • Some allocate funds to other managers...

About the Author

Lois Peltz was editor-in-chief of MAR/Hedge Funds, an investment performance reporting service, for eight years. She is now President and CEO of Investment Information Providers, which supplies investment information services to the professional investment community.

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