Diary of a Hedge Fund Manager From the Top, to the Bottom, and Back Again

by McCullough, Keith; Blake, Rich

• ISBN13: 9781118017029
• ISBN10: 1118017021
• Edition: 1st
• Format: Paperback
• Copyright: 2011-08-09
• Publisher: Wiley
• More Book Details
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Summary

Fast paced romp through the world of hedge fund maniaDiary of a Hedge Fund Manager is an insider's view of the high stakes money management world. In a distinctly straightforward, and at times humorous narrative, Keith McCullough and Rich Blake take you on the journey of a young and successful hedge fund manager and former junior hockey player from Thunder Bay, Ontario as he gets recruited to the Ivy League, stumbles on to the nexus of the hedge fund universe, and then gets a crack at running his own pile, becoming one of the best portfolio managers on the Street.But when the young portfolio manager finds himself working for one of the world's most prestigious firms-helping to run their hedge fund operation right as the market is starting to crack in 2007-McCullough becomes a lonely voice of reason in an world that rewards group think and disregards the adage about past performance having no bearing on future results. When McCullough finds himself shown the door, the story takes a fascinating turn into the world of independent research and no holds barred critic. Shows the unvarnished truth of how Wall Street and hedge funds really operate Deftly details how to analyze the markets expertly and avoid group think using technical and fundamental measures Each topic is thoroughly discussed and followed up with lessons you can take away and put to useWritten with the authority of someone who knows how Wall Street and hedge funds work, yet accessible to even a cursory follower of finance, Diary of a Hedge Fund Manager mixes constructive critique of the investment industry while exploring fundamental lessons that any investor will find valuable.

Author Biography

Keith McCullough is the founder of Research Edge, the go-to source for analysis and trade recommendations among savvy money managers. A Bloomberg TV Contributing Editor, he started in the business in 1999. Since then, he has held positions at Credit Suisse First Boston, Dawson-Herman Capital Managements Millennium Fund, and Carlyle-Blue Wave, as well as launching his own fund, Falcon Henge Partners LLC, which was integrated into Magnetar Capital. Rich Blake was cofounder and executive editor of Trader Monthly magazine. He frequently contributes to CNBC's Power Lunch and to Alpha and Portfolio magazines. He is the author of two books, The Day Donny Herbert Woke Up and Talking Proud: Rediscovering the Magical Season of the 1980 Buffalo Bills.

Table of Contents

Introduction	p. 1
Catch a Wave	p. 9
Shipping Out	p. 17
Welcome to the Jungle	p. 29
Snapshots from the Dot.Com Bubble	p. 39
Discovery	p. 61
Flying with the Giants	p. 79
Shifting for Myself	p. 97
Sucked In	p. 115
Worlds Collide	p. 123
Exile on Wall Street	p. 139
Lifting the Curtain	p. 157
The Great Squeeze	p. 185
Epilogue	p. 197
Acknowledgments	p. 205
About the Authors	p. 207
Index	p. 209
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