The Investor's Guide to Hedge Funds: Understanding and Profiting from Today's Hottest Investments - Hardcover

"Eldon Mayer is a battle-tested pro. You should listen to what he and his partner, Sam Kirschner, have to say." --Barton M. Biggs, Managing Partner, Traxis Partners Meet the creme de la creme of the new breed of hedge fund managers, learn how they evaluate world financial markets, hear about their winners and losers, and discover how they apply proprietary strategies to stay ahead of the curve. Through broad-scope interviews with 15 highly successful managers, The Investor's Guide to Hedge Funds provides unparalleled insight into each major hedge fund strategy, its strengths, weaknesses, and performance characteristics. Most importantly, this book shows that despite the sensational headlines, adding hedge funds to a portfolio of stocks and bonds can reduce risk and improve overall performance.

Praise for The Investor's Guide to HEDGE FUNDS

"Eldon Mayer is a battle-tested pro. You should listen to what he and his partner, Sam Kirschner, have to say."
?Barton M. Biggs, Managing Partner, Traxis Partners

"This book achieves a sweeping history and analysis of all the major hedge fund strategies. The reader comes away with a deeper understanding of the forces that continue to fuel the extraordinary growth of the hedge fund industry and even of what the future may hold. A worthy read."
?Michael Steinhardt

"I have known Eldon for over forty years. He is a wonderful investor and a good raconteur. You will enjoy this book."
?Julian H. Robertson Jr., Tiger Management LLC

"The hedge fund universe is a dark forest filled with delicious opportunities as well as poisonous pitfalls. Knowing how to look behind the pure performance numbers to differentiate longer-term winners from losers is essential. This book, written by experienced and savvy professionals, combines academic research with common sense and provides a useful and readable tool for both institutional and individual investors."
?Byron R. Wien, Chief Investment StrategistPequot Capital Management

"This is a thorough and comprehensive book that is a valuable tool for all those considering hedge fund investing. The authors do an excellent job of pulling back the curtain on hedge funds, enabling the reader to understand how they operate and the roles they can play in boosting investment performance."
?Martin Barnes, Editor, The Bank Credit Analyst