The interest in hedge funds, as well as similar money-making strategies, have increased tremendously. Not only the wealthy ones but the middle as well as the lower class population is trying to grasp more about these funds given they offer attractive packages for professionals who work in the field. Therefore to help people understand about hedge funds as well as to teach them the basics of the same, we list the top 6 books they can read.
Hedge Hogging
One of the best-known books which provide a deeper insight into the Hedge Fund industry is the Hedge Hogging by Barton Biggs. This autobiographical written by the Biggs, a financial expert with more than 20 years of experience in the field explains his journey from scratch to founding one of the largest hedge funds in the United States. Biggs worked initially as a financial analyst at Morgan Stanley, only to later start his firm. The book has some interesting insights on how to trade and make a profit, aside from mentioning common mistakes which investors make and popular investment strategies one should follow.
Hedge Fund For Dummies
As the name suggests, Hedge Fund For Dummies is a guide which explains and talks about Hedge Fund in a lucid manner. The book starts with the basics and then dwells deeper into the concepts of the Hedge fund as well as popular strategies which are adopted by experts for making profits and risk mitigation. After reading this book, you would be able to come up with hedge fund planning strategies as well as will have an idea with regards to hedge fund legislation and regulations.
The Ultimate Hedge Fund Guide: How To Form and Manage Successful Hedge Fund
This book is of great help to those who wish to start their hedge fund and turn it into a multi-million venture. This guide teaches you how to choose your attorney, auditor and other professionals in your company, how to market your fund while complying with the regulations and has additional insights which the author had acquired during his time working as a finance professional.
The Hedge Fund Book
This book written by Richard C. Wilson, similar to The Ultimate Hedge Fund Guide focusses on how to set up a hedge fund and operate it. In contrast, to other books which are concentrated on absolute beginners in the field, The Hedge Fund Book is meant for someone who has the basic knowledge of hedge fund’s functioning. If you are looking to learn about the tactics of investing, raising capital, this is one of the best guides you will find in the market.
Hedge Fund Market Wizards
Hedge Fund Market Wizards is a 549-page long book mentioning experiences of more than 15 traders who talk about the challenges they faced during their finance career. However, the book is not meant for someone who is entirely new to the hedge fund domain, hence for those who are beginners should read other books on hedge fund before starting this book.
So, these are the top 5 books we recommend for beginners to learn and understand hedge funds. If you think there is any other book which can be a great guide, don’t forget to mention the same in the comment section below.
