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The Fundamentals of Hedge Fund Management: How to Successfully Launch and Operate a Hedge Fund (Wiley Finance)
The Fundamentals of Hedge Fund Management: How to Successfully Launch and Operate a Hedge Fund (Wiley Finance)

$95.00
Some people have criticized this book on the basis that (1) it doesn't provide any strategies for managing money; and (2) it de-emphasizes alpha generation for operational aspects.

First, this is a book about MANAGEMENT and the OPERATION of hedge funds. It is not intended to be a book about hedge fund strategies. If you want a book about hedge fund strategies buy one of the many books available on THAT subject. Moreover, if you need a book on what strategies to pursue perhaps you should come up with ideas of your own. If someone has a strategy that works they are not going to give that proprietary knowledge away in a book.

This book is one of the few that offer information and instruction on how to start a fund from the operational point of view. Strachman is quite correct in stressing over and over again that if you build it they will not necessarily come. You can have the best strategy in the world but without assets to manage or a proper marketing strategy you will get no where. Some people have taken this to mean that Strachman is advocating that alpha generation is easy. I don't think that's what he's getting at. Rather I think he's stressing the often overlooked challenges of starting a fund, not investing assets.

See the TOC for the areas covered in the book. It is not a long book and at times I wish there was even more in depth discussion, but Strachman covers the basics well. This is a good place to start for anyone wanting to get started.
Harley Fund Change Jar
Harley Fund Change Jar

$14.95
Stash your extra cash in this stoneware jar, and youre well on your way towards the road hog of your dreams! Whimsical Harley Fund is a witty way to save for a rainy day.
Hedge Funds Weblog
Hedge Funds Weblog

$0.01
The Hedge Fund blog aims to give readers a better insight into the industry. This Blog offers information on new products, upcoming seminars and key articles.

  • This site is made for inspiring you widh some new idea.
  • This site is link-free.
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