By Robert Jaeger

In operating for a fund of hedge money (similar to the writer) i discovered this publication to be very exact. it is a nice evaluation of the (particularly from the fund of money side). i might hugely suggest this to somebody in need of an exceptional assessment of the company.

Show description

Read or Download All About Hedge Funds: The Easy Way to Get Started PDF

Similar introduction books

Introduction to Clinical Psychology

Bringing jointly contributions through leaders within the box of medical psychology, this hugely readable textbook offers a present standpoint on conception, education, evaluation, session, examine, and outpatient and inpatient perform. Bridging the space among conception and perform, individuals supply a certified point of view at the a variety of really good actions and settings of a scientific psychologist.

A Practical Introduction to Optical Mineralogy

Microscopy is a servant of all of the sciences, and the microscopic examina­ tion of minerals is a crucial procedure which might be mastered via all scholars of geology early of their careers. complex glossy textual content­ books on either optics and mineralogy can be found, and our purpose isn't that this new textbook should still substitute those yet that it's going to function an introductory textual content or a primary stepping-stone to the learn of optical mineralogy.

Extra info for All About Hedge Funds: The Easy Way to Get Started

Sample text

This time, rather than showing the rate of inflation, we are showing the actual increase in the general level of prices. Then we show the level of the stock market, both before and after inflation. What we are showing is the value of $1 invested in the S&P 500 on January 1, 1926. The change in value reflects the impact of dividends, and the reinvestment of those dividends. The stock values are shown on what is called a logarithmic scale, where equal vertical distances represent equal percentage changes.

Or, to put the point more carefully, they face only those conflict-of-inter- Hedge Fund Managers and Clients 43 TE AM FL Y est issues that arise in any business. The situation changes in the third and fourth categories. For example, consider the traditional money manager who begins to offer hedge fund strategies. The basic obligation of a money manager is to treat all clients fairly and equitably. At the very least, this means that the firm cannot use the assets of one client to benefit the account of another client.

As the bull market unfolded, the technology sector of the S&P 500 moved from less than 10 percent of the index to more than 30 percent. Normally, a portfolio manager who was worried about technology valuations would want to be “underweight” in technology. But, in the highly regimented world of institutional portfolio management, hesitation about technology valuations might have translated into a 20 percent weight, rather than a 30 percent weight. Even if the portfolio manager’s basic instinct was to hold no technology stocks at all, acting on that instinct would likely have presented too much career risk.

Download PDF sample

Rated 4.14 of 5 – based on 39 votes