Description
What do hedge funds really do? These lightly-regulated funds continually innovate new investing and trading strategies to take advantage of temporary mispricing of assets (when their market price deviates from their intrinsic value). These techniques are shrouded in mystery, which permits hedge fund managers to charge exceptionally high fees.
While the details of each funds' approach are carefully guarded trade secrets, this book draws the curtain back on the core building blocks of many hedge fund strategies Beyond the book's instructional goals, What Hedge Funds Do provides a needed complement to journalistic accounts of the hedge fund industry, to deepen the understanding of non-specialist readers such as policymakers, journalists, and individual investors. It is written by a fund practitioner and computer scientist (Balch), in collaboration with a public policy economist and finance academic (Romero).
Author: Philip J. Romero, Tucker Balch
Publisher: Business Expert Press
Published: 08/22/2014
Pages: 148
Binding Type: Paperback
Weight: 0.46lbs
Size: 9.00h x 6.00w x 0.32d
ISBN13: 9781631570896
ISBN10: 1631570897
BISAC Categories:
- Business & Economics | Investments & Securities | Portfolio Management
- Business & Economics | Finance | Financial Risk Management
- Business & Economics | Investments & Securities | Analysis & Trading Strategies
About the Author
Dr. Philip J. Romero was an economist, policy analyst, band applied mathematician, and former California chief economist. He was Dean and also was Professor of Business Administration at the University of Oregon's Lundquist College of Business prior to his passing.