The Little Book of Hedge Funds that's big on explanations even the
casual investor can use
An accessible overview of hedge funds, from their historical origin, to
their perceived effect on the global economy, to why individual
investors should understand how they work, The Little Book of Hedge
Funds is essential reading for anyone seeking the tools and information
needed to invest in this lucrative yet mysterious world. Authored by
wealth management expert Anthony Scaramucci, and providing a
comprehensive overview of this shadowy corner of high finance, the book
is written in a straightforward and entertaining style. Packed with
introspective commentary, highly applicable advice, and engaging
anecdotes, this Little Book:
- Explains why the future of hedge funds lies in their ability to
provide greater transparency and access in order to attract investors
currently put off because they do not understand how they work
- Shows that hedge funds have grown in both size and importance in the
investment community and why individual investors need to be aware of
their activities
- Demystifies hedge fund myths, by analyzing the infamous 2 and 20
performance fee and addressing claims that there is an increased risk
in investing in hedge funds
- Explores a variety of financial instruments--including leverage, short
selling and hedging--that hedge funds use to reduce risk, enhance
returns, and minimize correlation with equity and bond markets
Written to provide novice investors, experienced financiers, and
financial institutions with the tools and information needed to invest
in hedge funds, this book is a must read for anyone with outstanding
questions about this key part of the twenty-first century economy.
