SKU: 18600738238

The Hedge Fund Mirage: The Illusion of Big Money and Why It's Too Good to Be True

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The Hedge Fund Mirage: The Illusion of Big Money and Why It's Too Good to Be TrueThe dismal truth about hedge funds and how investors can get a greater share of the profits Shocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good. Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return

The dismal truth about hedge funds and how investors can get a greater share of the profits

Shocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good.

Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return chasing, investors confront surprisingly meager results. Drawing on an insider's view of industry growth during the 1990s, a time when hedge fund investors did well in part because there were relatively few of them, The Hedge Fund Mirage chronicles the early days of hedge fund investing before institutions got into the game and goes on to describe the seeding business, a specialized area in which investors provide venture capital-type funding to promising but undiscovered hedge funds. Today's investors need to do better, and this book highlights the many subtle and not-so-subtle ways that the returns and risks are biased in favor of the hedge fund manager, and how investors and allocators can redress the imbalance.

  • The surprising frequency of fraud, highlighted with several examples that the author was able to avoid through solid due diligence, industry contacts, and some luck
  • Why new and emerging hedge fund managers are where generally better returns are to be found, because most capital invested is steered towards apparently safer but less profitable large, established funds rather than smaller managers that evoke the more profitable 1990s

Hedge fund investors have had it hard in recent years, but The Hedge Fund Mirage is here to change that, by turning the tables on conventional wisdom and putting the hedge fund investor back on top.



Binding Type: Hardcover
Publisher: Wiley
Published: 01/03/2012
ISBN: 9781118164310
Pages: 208
Weight: 0.83lbs
Size: 9.26h x 6.34w x 0.57d
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SKU: 18600738238

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Rob Jay
Pawtucket, US
★★★★★ 5
Really good read, and leaves questions
Format: Paperback
Nice to see the Ben Solo story flushed out more than what was shown in The Last Jedi and The Rise Of Skywalker. A good job also of not explaining everything. Ben mentions something about what Skywalker did to Snoke, and then there's the Emperor himself speaking to Ben in his mind, which makes one wonder, if even the Emperor was his own voice in Ben's head, why didn't Kylo recognize him in The Rise Of Skywalker. Plenty of things left to really expand upon this very good story.
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Reviewed in the United States on August 2, 2020
C
Verified Purchase
CG
San Leandro, US
★★★★★ 4
Awesome
Format: Paperback
Like most of the canon comics this one has excellent art and a compelling story. I just wish it was 2-4 issues longer!
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Reviewed in the United States on September 13, 2020
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mary wise
Lexington, US
★★★★★ 5
awesome comic
Format: Paperback
an awesome comic .highly recommended to people who like star wars and kylo ren
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Reviewed in the United States on March 4, 2025
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Richard Hardy
New York, US
★★★★★ 5
Excellent Story
Format: Paperback
Charles Soule is without a doubt one of the greatest Star Wars authors around. With this comic he keeps the reader on their toes making it hard to set the book down. It is a definite page turner and easily one of the best comics Marvel has out out under the Star Wars name. An intriguing story, unforgettable moments, and packed with lore, Star Wars fans are sure to love The Rise of Kylo Ren.
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Reviewed in the United States on January 15, 2021
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Tiff
Fort Morgan, US
★★★★★ 5
Ben Solo’s fall is tragic
Format: Paperback
We don’t know much about Ben Solo’s past, but this comic explains a little bit more about why he is the way he is. It also explains that he didn’t do all the things he himself implies in TLJ. It’s a story of a young man who is lost because those he is supposed to trust betray him, which is exactly what Snoke/Palpatine want. It shows he didn’t really have a choice in the path he took and it makes his redemption at the end of the saga powerful, even if the last movie itself destroys the myth of Star Wars. I love knowing that Rey and Ben have always had a connection and I hope that is something explored more deeply in Episode X when they bring Ben back.
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Reviewed in the United States on July 30, 2020

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