Money Mavericks - Confessions of a Hedge Fund Manager
12 Jun 12
What is a hedge fund and what do hedge fund managers, or ‘hedgies’ actually do? Some call them ‘grotesque’, ‘crazy’, ‘irresponsible’ but is this fair? In reality, many of us have no idea about this massive industry.
Ex-Hedge Fund Manager, of the successful Holte Capital (2002 – 2008), Lars Kroijer, lifts the lid on this perplexing world in the new edition of his book, Money Mavericks: Confessions of a Hedge Fund Manager. This book charts the founding, seemingly interminable rise and eventual closure of a fund which operated in London during the febrile years of 2002 to 2008.
Shedding light on the incredible inside workings of hedge funds, it's a tale of a bubble industry, in a bubble city, during the bubble years. It tells the story of some very smart people who were trying to do something that was incredibly hard: beat the market. If they failed, the repercussions would be swift and severe. If they succeeded, the rewards would be massive.
Forget what you've heard: this is the true story of the life of a hedge fund. Lars Kroijer was immersed in the hedge fund industry for years and now tells his story to address the myths and misperceptions that surround the hedge funds.
- Staggering payouts: How are they calculated and are the managers and funds worth it?
- Tricks of the trade: The inner workings, excesses and tenacity of the hedge fund industry.
- Massive losses: The shock profit warning that cost Holte Capital $10 million.
This second edition has a smaller format and lower price and features an updated introduction, more examples of trades and their details and is a must-have read for investors wanting to learn about the aggregation of funds, or those who simply want to know more about this high-risk, highly-paid environment. Money Mavericks is a captivating portrayal of an industry that has affected us all, but few people understand.
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Money Mavericks |
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| Author Pub Date Price Publisher ISBN10 ISBN13 |
Lars Kroijer |
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For further information please contact:
Rachel Lawson
t: 01279 623643
e: rachel.lawson@pearson.com
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All information and prices correct at time of writing.
