Hedgehogging | Barton Biggs | Elegantly-written, in-your face report on hedge funds

Hedgehogging | Barton Biggs | Excellent book

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Hedgehogging

	Hedgehogging Barton Biggs Wiley, 2008 - 320 pages average customer review:based on 82 reviews view larger image
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highly recommended

Rare is the opportunity to chat with a legendary financial figure and hear the unvarnished truth about what really goes on behind the scenes. Hedgehogging represents just such an opportunity, allowing you to step inside the world of Wall Street with Barton Biggs as he discusses investing in general, hedge funds in particular, and how he has learned to find and profit from the best moneymaking opportunities in an eat-what-you-kill, cutthroat investment world.

Elegantly-written, in-your face report on hedge funds

Hedgehoggers come in different sizes and personalities, and their results swing widely from high levels of success to abject failure. Hedge-fund investing is only for rich people and institutions; however, these funds play an important role in the stock market and the economy. Author Barton Biggs is a cultured, high-level money manager and global strategist. After 30 years with Morgan Stanley (which took public exception to parts of this book), he raised substantial capital through his wealthy family and investors, and entered the hedgehogging jungle. He describes the field both coldly and romantically. He is an effective raconteur, especially when he details war stories about Wall Street's unethical, double-crossing maneuvers, and strange but wealthy characters. getAbstract recommends this book for its smooth, dramatic writing about hedge funds, their context and the players who run them.

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Excellent book

Its a great book, I came on here to buy another copy for a friend who runs a well known hedge fund. Well organized? No, not really, but it doesn't matter. It really does capture the flavor of the world nicely.

The quality of the writing is substantially better than expected - which is to say quite good.

Ok book, lousy Kindle conversion

Biggs is an engaging enough teller of anecdotes, but he's prone to making conclusions based on little to no data. He also seems blinded by his own industry's whoppers. Claiming, for instance, that LTCM went down because of "3 sigma" events is just plain wrong. The Kindle conversion is sloppy. Font sizes are off. Dashes that originally seem to hae split word in a paper text are for some reason retained. Lazy.

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