Monday, October 28, 2013

How to Create and Manage a Hedge Fund: A Professional's Guide (Wiley Finance)

How to Create and Manage a Hedge Fund: A Professional's Guide (Wiley Finance)

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Product Description

  • Includes trading examples that illustrate points about risk management and leverage.
  • Presents all the practical knowledge necessary to run a leveraged investment company.
  • Non-technical explanations brings an element of transparency to a part of the investment world often thought of as difficult to understand.

How to Create and Manage a Hedge Fund: A Professional's Guide (Wiley Finance) Review

A lot of great commentary about the preparation and hard work to build a business, not just trade/manage money. The other reviews listed here correctly point out that this is not another instructional book with investment techniques. This is the ideal book for someone confident enough with their investing strategy be it equities, bonds, limited partnerships, real estate, futures, commodities etc. to grasp business structures, investor/customer expectation, realistic marketing timelines, accounting, and the business aspect of managing a fund. Expect to seek out additional resources to add on McRary's outstanding work. If you are even toying with the idea of starting a mangement company, fund, fund of funds etc. do not proceed without this book.

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