AllAboutAlpha.com Exclusive: Excerpt from new book “Top Hedge Fund Investors: Stories, Strategies, and Advice”
| Jul 11th, 2010 | Filed under: Featured Post, Today's Post | By: Alpha Male |
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The rise of the hedge fund industry does not lend itself to easy characterization. The technology industry, for example, can point to the development of the microchip, the PC, the Internet etc. as milestones in the stepwise evolution that has led us to today’s wonders, the iPad, Google Maps, and Wii Yoga. But the history of the hedge fund industry can probably better be described as a history of people, not technologies. The hedge fund industry is one of personalities – many of which migrated to the nascent industry from disparate disciplines and often with contrasting objectives. In a sense, the history of the hedge fund industry is found in the biographies of Alfred Jones, George Soros, Julian Robertson, Jim Simons, John Paulson and many others.
Cathleen Rittereiser and Lawrence Kochard’s new book “Top Hedge Fund Investors: Stories, Strategies, and Advice” is a superb chronicle of these colourful personalities. (You may recognize Rittereiser and Kochard from their previous book “Foundation and Endowment Investing: Philosophies and Strategies of Top Investors and Institutions”.) This time, the duo pays homage to the personalities that gave birth to the industry and they recount a series of refreshingly frank “open mic “style interviews with today’s industry leaders. Write the authors:
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