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.
In this summary, you will learn
- Why hedge-funding is a profitable investment strategy;
- How to characterize the new emerging stars in hedge-funding; and
- Why funds need structure, team-orientation and succession.
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.