Cover of: Running Money | Andy Kessler

Running Money

Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score

Published by Collins .
Written in English.

About the Book

A brilliant investor, a born raconteur and an overall smart-ass, Andy Kessler pulls back the curtain on the world of hedge funds and shows how the guys who run big money think, talk and act.Following on the success of Wall Street Meat, his self-published book on the lives of Wall Street stock analysts, Andy Kessler recounts his years as an extraordinarily successful hedge fund manager. To run a successful hedge fund you must have an investing edge--that special insight that allows you to reap greater returns for your clients and yourself.In Running Money, which refers to Kessler's ultimate epiphany about the role of America in the world economy, we follow Andy Kessler as he makes the transition from striving Wall Street analyst to his initiation into the secretive world of hedge funds. The rewards for a hedge fund manager are greater but the brutal competition to get to a good investment first leaves Kessler worrying about his decision. A quick study, Kessler gets an education in investing from some fascinating and quirky personalities. Eventually he works out his own insight into the world economy, a powerful lens that reveals to him hidden value in seemingly negative trends. Focussing on margin surplus, Kessler comes to see that current American economy, at the apex of the information revolution, is not so different from the British economy at the height of the industrial revolution. Drawing out the parallels he develops a powerful investing tool which he shares with readers. Contrarian and confident, Kessler made a fortune applying his ideas to his hedge fund. Which only proves that they may not be as crazy as they sound.

First Sentence

The doors of the marble-lined elevator opened on the 32nd floor.

The Physical Object

Format
Paperback
Number of pages
320
Dimensions
7.9 x 5.3 x 0.8 inches
Weight
8 ounces

ID Numbers

Open Library
OL9235478M
ISBN 10
0060740655
ISBN 13
9780060740658
Goodreads
710388
710388

Check your local library


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History

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April 5, 2014 Edited by ImportBot Added IA ID.
August 12, 2010 Edited by IdentifierBot added LibraryThing ID
April 24, 2010 Edited by Open Library Bot Fixed duplicate goodreads IDs.
April 16, 2010 Edited by bgimpertBot Added goodreads ID.
April 30, 2008 Created by an anonymous user Inital record created, from an amazon.com record.