Hedges on Hedge Funds: How to Successfully Analyze and ... (ISBN 0471625108)

Further Explain the Hedge Fund Concepts:
ALL acronyms (wordS into 1st letters) and ALL hedge fund concepts should be in the "Glossary" in minute detail. THERE NOT! ! ! ! This is so that the average investor can understand the hedge fund concepts and ALWAYS have a place to go to to lookup the meanings. The text can then explain IN DETAIL how the concepts are used. The text should be rewritten like a course primer. Start with basics, then build on these. Then explain how and where they are appropriately used, taking into account how to judge risk. Since hedge funds are not advaertised, how do you learn of the names & contacts of different hedge funds and their style or objectives in order to evaluate? How do I find the "Capco's recent report", Chapter 4, page 53? There is no detail reference! ! ! There are other references with no way to learn the details! ! ! ! Since I am a market investor, I would like more information on hedge fund investing.

Easy to read; useful reference:
Highlight the characteristics of different strategies and the key points to look at. Just what I needed.

As good a primer as you'll find, by someone who's literally been there...:
Unlike the other reviewer, who seemed to really misunderstand this book's strength, I felt that this book was well thought out, very informative, and a great addition to the hedge fund community's library. Mr. Hedges has been a highly respected member of the hedge fund arena for a long time, especially considering the relatively short span that these alternative investment vehicles have been fully matured and recognized by the rest of Wall Street. There is no perfect process of course, that can guarantee the kind of transparency with managers and their investments that will ever be foolproof, due to human nature itself, but Mr. Hedges' book gets you armed with the most important weapon...the RIGHT questions.