By Daniel A. Strachman

AARP electronic versions give you useful advice, confirmed options, and specialist information.

Show description

Read Online or Download AARP Getting Started in Hedge Funds. From Launching a Hedge Fund to New Regulation, the Use of Leverage, and Top... PDF

Similar finance books

Getting Started in Currency Trading: Winning in Todays Hottest Marketplace

Getting begun in currency exchange is either an creation and reference software for starting and intermediate foreign currency echange (Forex) investors. This information-packed source opens with an outline of the currency marketplace and a piece of in actual fact outlined foreign money phrases with examples. You'll methods to open your personal buying and selling account by way of following step by step directions and various reveal photographs that exhibit you what anticipate within a dealer's buying and selling platform.

Dynamic Hedging: Managing Vanilla and Exotic Options (Wiley Finance)

Dynamic Hedging is the definitive resource on derivatives hazard. It offers a real-world method for handling portfolios containing any nonlinear protection. It offers dangers from the vantage element of the choice industry maker and arbitrage operator. the single ebook approximately derivatives hazard written by way of an skilled dealer with theoretical education, it remolds choice idea to slot the practitioner's surroundings.

Visual Guide to Hedge Funds (Bloomberg Financial)

Shiny snap shots make hedge money, how they paintings and the way to speculate in them, available for traders and finance professionals

Despite the new wave of scandals concerning the hedge fund undefined, curiosity in hedge money as a comparatively secure substitute funding is still excessive. but information about how the operates and the thoughts hired via sorts of hedge money is tough to return through. With expanding calls from lawmakers and the media for reform, it truly is incumbent upon finance execs and high-net-worth contributors to take a very good glance earlier than jumping into hedge money. That's the place the Bloomberg visible consultant to Hedge money is available in. It offers a graphically wealthy, finished assessment of the and its practitioners, zeroing in on how sorts of hedge cash work.

- according to vast interviews with hedge fund managers, analysts and different specialists, the ebook presents a close examine the and the way it really works
- Outlines funding recommendations hired via either lengthy and brief hedge cash, in addition to international macro ideas
- palms you with need-to-know counsel, instruments and strategies for fulfillment with all hedge fund funding thoughts
- presents a hugely visible presentation with an emphasis on photographs functions
- Real-life examples take you inside of how hedge money illustrating how they function, who manages them and who invests in them

Rumors in financial markets

At the buying and selling flooring, all motion is predicated on information, as a result rumors in monetary markets are a daily phenomenon. Rumors are the oldest mass medium on the earth and their nature remains to be tough to know. Scientifically, now not a lot is understood approximately rumors, specifically within the monetary markets, the place their effects could have actual funds outcomes.

Extra info for AARP Getting Started in Hedge Funds. From Launching a Hedge Fund to New Regulation, the Use of Leverage, and Top...

Sample text

I. Title. 64′524–dc22 2010023267 To my wife, Felice, my daughter, Leah and my son, Jonah Acknowledgments The idea for the first edition of this book came to me in the mid-1990s while I was working at Cantor Fitzgerald and, as a result of a number of unique events, that book became a reality in January of 2000. Now some ten years later, Wiley is publishing a third edition. I started working on this revision in December 2009, and over the past four or five months, I have tried to update the pages of this book to make it as relevant as possible for those interested in learning more about hedge funds and the hedge fund industry.

The well had dried up and the opportunities, it seemed, no longer existed. At the time he wrote to investors, Meriwether probably did not have any idea where the money to bail out his firm would come from nor the extent of what the bailout would cost. Besides looking for capital from his investors, Meriwether approached outsiders, including Warren Buffett and George Soros, all of whom turned him down. Buffett did resurface, but as a potential purchaser of the operation, not as an investor. , offered to buy the entire operation from Meriwether and to assume the fund's massive portfolios.

The rescue plan reduced all of the investors' stakes to under 10 percent of what they had been. —faced personal losses. A number of partners at the famed consulting firm McKinsey & Co. lost money as well. The irony of the situation is that in the wake of the collapse, The Wall Street Journal, the New York Times, and the New York Post all reported that a number of investors were quite happy that earlier in 1998 Long-Term Capital had returned money to them. Yet most investors who received money back were quite upset at the time.

Download PDF sample

Rated 4.27 of 5 – based on 12 votes