The little book of hedge funds
Subtitle: what you need to know about hedge funds by the managers won't tell you
By: Anthony Scaramucci
Edition: 1
Series: Little book big profits series
Publisher: Wiley
Published: 2012
Place of publication: Hoboken, New Jersey
Language: eng
ISBN-13: 9781118099674
Subjects: Hedge funds; BUSINESS & ECONOMICS / Finance
Description: "The Little Book of Hedge Funds that's big on explanations even the casual investor can useAn 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"--