The Little Book of Hedge Funds by Scaramucci, Anthony -- Read -- Imperial Library of Trantor

Index

Cover Contents Title Copyright Dedication Foreword Introduction Chapter One: What is a Hedge Fund?

Comparing Apples to Oranges Regulation . . . or Lack Thereof Size: The Achilles’ Heel Manager Fee: The Infamous Two-and-Twenty Investment Strategies: The Long and the Short of it Liquidity: Swimming in Pools of Money So, Do they Actually Hedge? The Proof is in the Pudding

Chapter Two: The Parlor Cars of the Gravy Train

Inside the Olive Pit The Secret is in the Sauce And the Beat Moves On . . . The Revenge of the Nerds And Now for the Not-Quite-as-Successful Emerging from the Ashes Where Are We Now?

Chapter Three: Accessing the Inaccessible

It’s All in the Name The Institutional Invasion Take Out Your Measuring Stick What It Boils Down To . . .

Chapter Four: Heads We Win; Tails you Lose

Keeping Up with the Joneses The Ends Justify the Means Even Cowboys Have the Blues

Chapter Five: The Alpha Game

The Alpha-Beta Song Another Theory, Another Definition Driving with One Foot on the Brake Putting Theory into Practice A Word of Caution Sometimes Diversification Just Ain’t Enough The Bottom Line

Chapter Six: Ironing Out Inefficiencies

A Kid in a Candy Store Times, They Are a Changing Living on the Edge Putting Theory into Practice The Efficiency of Inefficiency The Fact of the Matter . . .

Chapter Seven: A Balancing Act

Long/Short Equity—Borrowing from Peter to Pay Paul Relative Value—Two of a Kind . . . but Different Event Driven—One Man’s Loss is Another Man’s Gain Directional

Chapter Eight: If you Can’t Beat ’Em, Join ’Em

Stop Right There! Manager Selection The Screening Process The Never-Ending Process Filling in the Data Portfolio Construction Stay Alert . . . It’s Your Money

Chapter Nine: The Men Behind the Curtains

A Quick History Lesson More than Just a Middleman The Specifics Your Dream Team The Pluses . . . . . . and the Minuses

Chapter Ten: From Wall Street to Park Avenue

Wall Street’s Mass Migration Only the Strongest Survive Inside the Mind of a Super Capitalist A Quick Pop Quiz Scoring a Job at a Hedge Fund A Final Few Words: 15 Things I Would Do If I Were You

Conclusion Appendix Acknowledgments