Wednesday, December 5, 2007

Hedge Hunters: Hedge Fund Masters on the Rewards, The Risk and the Reckoning : Book Review

Burton, Katherine Hedge Hunters: Hedge Fund Masters on the Rewards, the Risk, and the Reckoning (Hardcover). New York: Bloomberg Press, 2007.

Burton, a journalist for Bloomberg news, writes eighteen short profiles of some of the most important hedge fund investors working today including profiles of 13 up and comers picked by the master hedge fund investors themselves. I found the book somewhat informative as someone who is not very familiar with the world of Hedge Funds.

On the down side, many of the profiles were on the superficial side often dealing with the personal style and background of the investors. From the tile I expected that the book would provide more critical analysis but the profiles were short, not particularly pithy and some of her insights were not particularly revelatory. For example that Good Hedge Fund Investors are smart, independent, ambitious and have lots of connections is not exactly news.

In short, this book would appeal to business people who would like an inspiring and not too long read. Unfortunately the title might imply a larger readership.