Hedge Hunters
The world's best hedge fund managers on how they find great traders and top talent, answering questions such as: What makes a great investor? What sets him apart as a manager? How is he able to produce high returns?
They're known as the great investors, the market wizards, the financial giants: Julian Robertson, Michael Steinhardt, T. Boone Pickens, Hugh Sloane, to name a few. They are the men that created the trillion-dollar hedge fund industry by taking the right bets, not only when it came to money but also when it came to people. Knowing what makes a great trader, they pick their managers as carefully as they pick their investments.
Notorious for their secrecy, these managers have now opened their doors to the public for the first time. They talk about the biggest challenges they face; and how they enter, exit and size a trade. They reveal the people that share their gift for money management, those who define the industry today and those who will continue to shape the future of the hedge fund world.
As an investor or a market watcher, you will be intrigued as well as informed, by this unprecedented look at the hedge hunters who continue to define the hedge fund world.
REVIEWS :“masters”. Burton brings to light a delightfully disparate, even
eccentric, cohort in a field that manages an estimated $1.7 trillion.
‘In sum, Burton has written a readable, relevant book, with lessons a
new generation of hedge-fund managers, in a decidedly less hospitable
investment climate, would do well to take to heart."
Barron’s
“This is a well-written and accessible book, and readers with
scant knowledge of hedge funds will be able to enjoy the interviews…An
entertaining, informative and easy-to-read book. I would recommend it to
hedge fund investors and non-investors alike.”
Fund Strategy
“Great descriptions of the backgrounds, philosophies, and
practices of the best managers, told in a rapid, entertaining narrative.”
David Einhorn, Manager, Greenlight Capital Hedge Fund
“This is a page-turner, with insights from some of the legends of
the hedge fund industry. And it’s written in a wonderfully engaging
style by a veteran journalist with unprecedented access to these titans
of Wall Street.”
Andrew W. Lo, Harris & Harris Group Professor, Director, MIT Laboratory
for Financial Engineering, MIT Sloan School of Management
Hardback, 224 Pages, Dimensions 234 x 156 MM Language English.
Chapter 1 Mark Yusko What It Takes to Be the Best
Chapter 2 Michael Steinhardt A Passion for Performance
Chapter 3 John Armitage Reasoned and Unrattled
Chapter 4 Marc Lasry An Intolerance for Losing
Chapter 5 Craig Effron A Grip on Risk
Chapter 6 Lee Ainslie A Stock Picker, Pure and Hardly Simple
Chapter 7 Bernay Box The Big Time in Small Caps
Chapter 8 Boone Pickens The Imperturbable Oilman
Chapter 9 Brian Bradshaw, David Meaney, Michael Ross, and Alex Szewczyk A Place at the Table
Chapter 10 Josh Friedman and Mitch Julis Doyens of Debt
Chapter 11 Jeffrey Schachter and Burton Weinstein
Chapter 12 Dwight Anderson The Phoenix Phenomenon
Chapter 13 Roberto Mignone Fruits of Firsthand Knowledge
Chapter 14 Bruce Ritter Mastering a Changing Market
Chapter 15 Julian Robertson Encores
Chapter 16 Jim Chanos Out on the Short-Selling Limb
Chapter 17 Richard Perry A Manager's Manager
Chapter 18 Daniel Loeb Newfound Restraint
Katherine Burton has been a reporter at Bloomberg News since 1993, covering hedge funds and investment management. Before joining Bloomberg, she wrote for the International Herald Tribune and U.S. News & World Report. She has an MBA from New York University and is a winner of the 2001 Society of American Business Editors and Writers Award for breaking news, and the 2005 New Jersey Chapter of the Society of Professional Journalists Award for Excellence in Journalism for business writing.