From the Book - Second edition.
Introduction: goin' through changes
What is a hedge fund?: the traditional long-only portfolio versus the alternative hedge fund portfolio
The parlor cars of the gravy train: the long and the short of it
Accessing the inaccessible: from the elite to main street
Heads we win, tails you lose: eating your own cooking while enduring symmetrical glories and punishments
The alpha game: in search of El Dorado
Ironing out inefficiencies: exploiting the efficient market theory
A balancing act: outperforming the market while taking less risk
Private parts: inside the wild, booming world of private equity (and more)
If you can't beat 'em, join 'em: hedge fund manager selection and due diligence
The men behind the curtains: fund of hedge funds
From Wall Street to Park Avenue: setting up shop at the hedge fund hotel
Conclusion: the shape of things to come
Appendix: due diligence questionnaire
What is a hedge fund? The traditional long-only portfolio versus the alternative hedge fund portfolio
The parlor cars of the gravy train : the long and the short of it
Accessing the inaccessible : from the elite to Main Street
Heads we win; tails you lose : eating your own cooking while enduring symmetrical glories and punishments
The alpha game : in search of El Dorado
Ironing our inefficiencies : exploiting the efficient market theory
A balancing act : outperforming the market while taking less risk
If you can't beat 'em, join 'em : hedge fund manager selection and due diligence
The men behind the curtains : fund of hedge funds
From Wall Street to Park Avenue : setting up shop at the hedge fund hotel.
