The Hedge Fund Mirage – In Print!
My book, The Hedge Fund Mirage, is finally in print and making its way up the Amazon Best Sellers list (currently in the top 3%). The hedge fund industry has co-operated in its launch by delivering the second worst year in history. Not all hedge funds are bad though, and since some of the most talented managers will always be found running hedge funds it’s worth figuring out how to be a hedge fund investor in the good ones, on fair economic terms so that the steady transfer of wealth from clients to managers isn’t perpetuated. In my book I’ve tried to show hedge fund investors how they might do that.