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Getting Started in Hedge Funds

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Title: Getting Started in Hedge Funds
by Daniel A. Strachman
ISBN: 0-471-31696-2
Publisher: Wiley
Pub. Date: 21 January, 2000
Format: Paperback
Volumes: 1
List Price(USD): $19.95
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Average Customer Rating: 3.39 (23 reviews)

Customer Reviews

Rating: 5
Summary: A good book for people who want to learn about Hedge Funds
Comment: I have been looking for a book on hedge funds that is to the point, concise, easy to understand and grasp and I finally found it in Getting Started In Hedge Funds. The book provides a unique look at where hedge funds came from, how the industry evolved and gives insightful information about managers. The profiles are very interesting and provide a unique look at how money is managed. It is easy to read and worthwile for anyone who wants to learn more about these types of investment vehicles.

Rating: 2
Summary: Basic Industry colour...and not much else
Comment: The book is a very basic overview of hedge fund industry developments. It is important to note that the history stops at 1999 and that there have been a number of significant industry developments since then. As other reviewers have correctly pointed out, the most interesting aspect of the book is the short articles from fund managers who have started their own funds with as little as $1 million in assets under management.
For those seeking a greater insight into the risk management techniques employed by hedge funds, or the basic "How to's" of starting a fund....this is not the book for you.

Rating: 1
Summary: Devoid of Substance
Comment: Steer clear of this book. The writing sub-par and there is very little substance in this book. Getting Started in Hedge Funds reads much like a 200 page USA Today article.

The book is predominately a desultory history of the hedge fund industry and offers very little information about specific hedging strategies. Additionally, the bit of history that it does offer does not go beyond 1999. So we do not even get to see how the industry weathered the recession and 9/11 attacks.

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