The Little Book of Hedge Funds is big on explanations even the casual investor can use.
An 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:
Written to provide novice investors, experienced financiers, and financial institutions with the tools and information needed to invest in hedge funds, this audiobook is a must for anyone with outstanding questions about this key part of the 21st century economy.
Anthony Scaramucci is overall a pretty straight shooter and I've been aware of his work for many years. He is pretty intelligent and his ability to adapt to situations is something that has lead to his success. There are good insights to be gleaned from this book.
Also there are a number of pretty amusing sound bites when read in the tone Don Hagen delivers them.
It's pretty rare that I rate something 4 stars.
If you don't know anything about hedge funds or even more so funds of funds this is a great intro. If you have reasonable experience you will likely find a new perspective on something. In the time I took to write this review I potentially could have helped add value in excess of $1 bil... if you are on the fence about it just get it.
If you are interested in learning more about hedge funds, this is the book you need to listen to.
I've been a fan of Anthony Scaramucci for some of his other work in the alternative investment world. I watch his show Wall Street Week every Friday on Fox. Mr Scaramucci is very connected within this industry. He shares his first hand knowledge of hedge funds in a detailed and easy to digest layout in this book.
It's a great read whether you are interested in investing, working in, or just getting more knowledge about this fascinating alternative investment vehicle. It's all laid out here in great detail and pulls back the curtain of this largely secretive industry.
As an added bonus, Mr Scaramucci includes a short interview with select "hedge fund legends" at the end of most of the chapters which provide some candid information on how they got started in the industry and their outlook on its future.