Author Stefanini, Philip,

Press John Wiley &; son

Date of publication: September 2006

brief introduction

1. How do hedge fund managers make profits? Sometimes you lose? How do they make the net value of funds less affected by market ups and downs? Different hedge fund managers will have their own applicable strategies. This book aims to help readers understand the investment behavior of hedge funds in depth. The corresponding hedge fund strategy in each chapter is subdivided into the following aspects: the history of strategy; Theoretical introduction of strategy; The target range of securities investment of the strategy and the corresponding securities market scale; Hedging technology and possible derivatives; Transaction examples of strategy; Liquidity problem; The use of leverage in the investment process; Risk and risk management in the investment process. On the theoretical level, the author makes a detailed legend analysis on the application of specific indicators, the generation and execution of opening signals and the corresponding hedging methods, which is helpful for readers to intuitively appreciate the operation methods of hedge funds.

2. Hedge funds are usually regarded as a barrier industry. This book will introduce some experiences and strategies of hedge funds, introduce some fundamental and quantitative tools, let investors know about hedge funds as soon as possible, and give some examples of successful hedge fund managers.

Recommended reason

1. This book analyzes all aspects of hedge fund operation in detail, and lists a series of investment strategies for readers to choose from. In the field of hedge funds, there is a huge gap between theory and practice. The author's analysis of trading examples in each chapter can help readers better understand the application of various strategies in practice and avoid readers being in a theoretical "castle in the air" state.

2. The book gives a professional explanation of the strategies of hedge funds and lists successful cases in the United States.