Autor/en: Barton Biggs
JOHN WILEY & SONS INC
Januar 2006 - gebunden - 308 Seiten
Praise for HedgeHogging
"Barton Biggs writes about markets with greater style, clarity, and insight than any other observer of the Wall Street scene. His new book, Hedgehogging, entertains immensely even as it provides countless valuable lessons regarding hedge funds and the investment world they inhabit."
--David F. Swensen, Chief Investment Officer, Yale University
"Since the glory days of the tech bubble, investing has become a perilous enterprise. Not the least for those running money in the proliferating hedge fund business. In Hedgehogging, Biggs offers a fascinating glimpse behind the scenes at the personalities and egos making decisions about the enormous sums being dumped en masse into these funds. This book is great. It's full of personal anecdotes and critical insights from an insider's insider. You should not even consider giving money to anyone on Wall Street ever again until you've read this book."
--Addison Wiggin, Agora Financial LLC, author of the New York Times bestseller, The Demise of the Dollar and coauthor of Empire of Debt
Rare is the opportunity to chat with a legendary figure and hear the unvarnished truth about what really goes on behind the scenes. Hedgehogging represents just such an opportunity, allowing you to step inside the world of Wall Street with Barton Biggs as he discusses investing in general, hedge funds in particular, and how he has learned to find and profit from the best moneymaking opportunities in an eat-what-you-kill, cutthroat investment world.
Chapter 1. The Triangle Investment Club Dinner.
Chapter 2. Short Selling is not for Sissies.
Chapter 3. The Breakers and Other Adventures.
Chapter 4. The Roadshow and Remembrances of Things Past.
Chapter 5. They Come in all Shapes and Sizes.
Chapter 6. Secular vs. Cyclical.
Chapter 7. The Battle for Investment Survival.
Chapter 8. Fibonacci and Groupstink.
Chapter 9. The Internet, Air Conditioning or Emerging Markets.
Chapter 10. Greg, Losses and Caveat Lector.
Chapter 11. SIC Transit Gloria.
Chapter 12. Once You Have It, Hanging on to It.
Chapter 13. The Trouble with Being Big.
Chapter 14. True Believer.
Chapter 15. Keynes.
Chapter 16. Inside Information.
Chapter 17. Keynes.
BARTON BIGGS spent thirty years at Morgan Stanley. During that time, he formed Morgan Stanley's research department and lead it to prominence as one of the best in the world. He also formed the firm's investment management division, and served as its chairman for thirty years. By the mid-1990s, Morgan Stanley Asset Management was annually adding more new institutional accounts than any of its competitors. At various times during this period, Biggs was ranked as the number one U.S. investment strategist by the Institutional Investor magazine poll and then, from 1996 to 2003, as the top ranked global strategist. He was also a member of the five-man executive committee that ran Morgan Stanley until its merger with Dean Witter in 1996. In June 2003, Biggs left Morgan Stanley and with two other colleagues formed Traxis Partners--the largest new hedge fund of 2003. Traxis now has well over a billion dollars under its management. Biggs has spoken at forums in every major country and has appeared on CNBC and other programs on more than 300 occasions.
"...a real glimpse of the investing world...by telling individuals' stories, Biggs...reveals far more about the ups and downs of hedge fund investing than the usual numbers-heavy dissertations...reveals just what a whacky world many hedgers occupy" (Daily Telegraph, 29 December 2005)
"...an intelligent book on a serious subject that is also a joy to read." (Professional Investor, April 2006)
"...evokes the 'agony and ecstasy' of the frenetic and highly competitive world of hedge funds...funny and sobering" ( The Mail on Sunday, May 2006)