Comments for Hedge Funnies http://www.hedgefunnies.com Thu, 25 Mar 2010 01:46:59 +0000 hourly 1 Comment on Hedge Funds: Investment and Portfolio Strategies for the Institutional Investor by Rosario Ingargiola - rule144a@ricochet.net http://www.hedgefunnies.com/hedge-funds-investment-and-portfolio-strategies-for-the-institutional-investor/comment-page-1/#comment-90 Rosario Ingargiola - rule144a@ricochet.net Thu, 25 Mar 2010 01:46:59 +0000 http://www.hedgefunnies.com/hedge-funds-investment-and-portfolio-strategies-for-the-institutional-investor/#comment-90 The list of books written on hedge funds is a short one, and this book is certainly the finest on the subject. The professionals who contributed their specialized knowledge are of the highest caliber, and better yet, many of them can be reached for counsel. Any investor with the capacity to invest at this level ought to know the mechanics of the various methodologies as clearly presented by the authors. I found all of the information to be useable and valuable information with absolutely no filler. Particularly of interest to me was all of the legal, tax and regulatory information which quite literally provided me with a blueprint from which I will begin building my (as GP) Private Investment Partnership. This book will eliminate countless hours with a securities attorney because now I know exactly how to direct the counsel. Rating: 5 / 5 The list of books written on hedge funds is a short one, and this book is certainly the finest on the subject. The professionals who contributed their specialized knowledge are of the highest caliber, and better yet, many of them can be reached for counsel. Any investor with the capacity to invest at this level ought to know the mechanics of the various methodologies as clearly presented by the authors. I found all of the information to be useable and valuable information with absolutely no filler. Particularly of interest to me was all of the legal, tax and regulatory information which quite literally provided me with a blueprint from which I will begin building my (as GP) Private Investment Partnership. This book will eliminate countless hours with a securities attorney because now I know exactly how to direct the counsel. Rating: 5 / 5

]]> Comment on Getting Started in Hedge Funds by Anonymous http://www.hedgefunnies.com/getting-started-in-hedge-funds/comment-page-1/#comment-89 Anonymous Tue, 23 Mar 2010 08:33:09 +0000 http://www.hedgefunnies.com/getting-started-in-hedge-funds/#comment-89 this is a interesting book. it is easy to read and provides good insite on a subject that many people don't understand. the profiles are excellent as is the introduction. Rating: 5 / 5 this is a interesting book. it is easy to read and provides good insite on a subject that many people don’t understand. the profiles are excellent as is the introduction. Rating: 5 / 5

]]> Comment on Getting Started in Hedge Funds by Anonymous http://www.hedgefunnies.com/getting-started-in-hedge-funds/comment-page-1/#comment-88 Anonymous Tue, 23 Mar 2010 06:01:51 +0000 http://www.hedgefunnies.com/getting-started-in-hedge-funds/#comment-88 I checked out this book mainly because I went to College with Strachman. Although I do not think it is very helpful, I am surprised at all the furror it seems to evoke.Hey, this is not a Pulitzer Prize contender-just a tiny book that does not tell very much! Enough-get a life! Rating: 1 / 5 I checked out this book mainly because I went to College with Strachman. Although I do not think it is very helpful, I am surprised at all the furror it seems to evoke.Hey, this is not a Pulitzer Prize contender-just a tiny book that does not tell very much! Enough-get a life! Rating: 1 / 5

]]> Comment on Getting Started in Hedge Funds by Anonymous http://www.hedgefunnies.com/getting-started-in-hedge-funds/comment-page-1/#comment-87 Anonymous Tue, 23 Mar 2010 03:07:18 +0000 http://www.hedgefunnies.com/getting-started-in-hedge-funds/#comment-87 This is a good book about a difficult subject. The information is in a clear and concise easy to read format. I enjoyed reading this book. Rating: 5 / 5 This is a good book about a difficult subject. The information is in a clear and concise easy to read format. I enjoyed reading this book. Rating: 5 / 5

]]> Comment on Getting Started in Hedge Funds by Anonymous http://www.hedgefunnies.com/getting-started-in-hedge-funds/comment-page-1/#comment-86 Anonymous Tue, 23 Mar 2010 02:44:33 +0000 http://www.hedgefunnies.com/getting-started-in-hedge-funds/#comment-86 The problem with this book is that anyone who knows anything about hedge funds will find it too simplistic. And anyone who knows nothing about hedge funds probably should not be playing around with this class of investment.<p>The biggest issue I had with this book is that, as an introduction, it should have provided more information about how one goes about actually investing in hedge funds; how one can find information on specific funds, how to deploy assets, etc. This is a how-to book without the how. Rating: 3 / 5 The problem with this book is that anyone who knows anything about hedge funds will find it too simplistic. And anyone who knows nothing about hedge funds probably should not be playing around with this class of investment.

The biggest issue I had with this book is that, as an introduction, it should have provided more information about how one goes about actually investing in hedge funds; how one can find information on specific funds, how to deploy assets, etc. This is a how-to book without the how. Rating: 3 / 5

]]> Comment on Getting Started in Hedge Funds by Anonymous http://www.hedgefunnies.com/getting-started-in-hedge-funds/comment-page-1/#comment-85 Anonymous Tue, 23 Mar 2010 00:09:57 +0000 http://www.hedgefunnies.com/getting-started-in-hedge-funds/#comment-85 I have been looking for a book on hedge funds that is to the point, concise, easy to understand and grasp and I finally found it in Getting Started In Hedge Funds. The book provides a unique look at where hedge funds came from, how the industry evolved and gives insightful information about managers. The profiles are very interesting and provide a unique look at how money is managed. It is easy to read and worthwile for anyone who wants to learn more about these types of investment vehicles. Rating: 5 / 5 I have been looking for a book on hedge funds that is to the point, concise, easy to understand and grasp and I finally found it in Getting Started In Hedge Funds. The book provides a unique look at where hedge funds came from, how the industry evolved and gives insightful information about managers. The profiles are very interesting and provide a unique look at how money is managed. It is easy to read and worthwile for anyone who wants to learn more about these types of investment vehicles. Rating: 5 / 5

]]> Comment on Create Your Own ETF Hedge Fund: A Do-It-Yourself ETF Strategy for Private Wealth Management by RichardCW http://www.hedgefunnies.com/create-your-own-etf-hedge-fund-a-do-it-yourself-etf-strategy-for-private-wealth-management/comment-page-1/#comment-84 RichardCW Mon, 22 Mar 2010 17:42:12 +0000 http://www.hedgefunnies.com/create-your-own-etf-hedge-fund-a-do-it-yourself-etf-strategy-for-private-wealth-management/#comment-84 Invest in yourself through education by getting this book. <br /> <br />At least if you fail, you did it and not an incompetent money manager driving a Ferrari you helped pay for. <br /> <br />I used a lot of inverse ETFs in my portfolio and protected myself from the 40% maul from Bear last year. <br /> <br />I would NOT have achieved this by following 'Buy and Hold'. Dave's book has given me an education on ETFs and his sage counsel from his newsletter and blog are a must for keeping my investing sanity and portfolio holdings intact. That's worth 5 stars in my book! <br /> Rating: 5 / 5 Invest in yourself through education by getting this book.

At least if you fail, you did it and not an incompetent money manager driving a Ferrari you helped pay for.

I used a lot of inverse ETFs in my portfolio and protected myself from the 40% maul from Bear last year.

I would NOT have achieved this by following ‘Buy and Hold’. Dave’s book has given me an education on ETFs and his sage counsel from his newsletter and blog are a must for keeping my investing sanity and portfolio holdings intact. That’s worth 5 stars in my book!

Rating: 5 / 5

]]> Comment on Create Your Own ETF Hedge Fund: A Do-It-Yourself ETF Strategy for Private Wealth Management by JLGEEE http://www.hedgefunnies.com/create-your-own-etf-hedge-fund-a-do-it-yourself-etf-strategy-for-private-wealth-management/comment-page-1/#comment-83 JLGEEE Mon, 22 Mar 2010 15:28:57 +0000 http://www.hedgefunnies.com/create-your-own-etf-hedge-fund-a-do-it-yourself-etf-strategy-for-private-wealth-management/#comment-83 I was a bit disappointed in the book, as I am a devoted reader of David's blog. I found the book to be a bit short on substance and lacking the incisive commentary exhibited in the blog. Rating: 3 / 5 I was a bit disappointed in the book, as I am a devoted reader of David’s blog. I found the book to be a bit short on substance and lacking the incisive commentary exhibited in the blog. Rating: 3 / 5

]]> Comment on Create Your Own ETF Hedge Fund: A Do-It-Yourself ETF Strategy for Private Wealth Management by Richard S. Gawlik http://www.hedgefunnies.com/create-your-own-etf-hedge-fund-a-do-it-yourself-etf-strategy-for-private-wealth-management/comment-page-1/#comment-82 Richard S. Gawlik Mon, 22 Mar 2010 13:59:02 +0000 http://www.hedgefunnies.com/create-your-own-etf-hedge-fund-a-do-it-yourself-etf-strategy-for-private-wealth-management/#comment-82 This is an interesting read based on the author's extensive hands-on experience and in-depth knowledge of the wily ways of Wall St. But it has precious little to do with the actual rigorous analytical process of creating your own ETF hedge fund! I am, in fact, surprised and disappointed that Wiley Finance (publisher) didn't suggest a more appropriate title. <br /> Rating: 1 / 5 This is an interesting read based on the author’s extensive hands-on experience and in-depth knowledge of the wily ways of Wall St. But it has precious little to do with the actual rigorous analytical process of creating your own ETF hedge fund! I am, in fact, surprised and disappointed that Wiley Finance (publisher) didn’t suggest a more appropriate title.

Rating: 1 / 5

]]> Comment on Create Your Own ETF Hedge Fund: A Do-It-Yourself ETF Strategy for Private Wealth Management by S. Ibrahim http://www.hedgefunnies.com/create-your-own-etf-hedge-fund-a-do-it-yourself-etf-strategy-for-private-wealth-management/comment-page-1/#comment-81 S. Ibrahim Mon, 22 Mar 2010 12:24:59 +0000 http://www.hedgefunnies.com/create-your-own-etf-hedge-fund-a-do-it-yourself-etf-strategy-for-private-wealth-management/#comment-81 There are many reasons I strongly recommend against this book, including factual mistakes, frequent typos, frequent repetition, and little practical value. <br /> <br />I read the book cover to cover, which is to say I read most things 2 or 3 times. The author repeated, verbatim, numerous passages in different chapters. In addition there were numerous typos, incorrect words, and other proofreading mistakes. <br /> <br />Factually speaking, the author incorrectly explains correlation - confusing negative (or inverse) correlation with non-correlation. There is also an inexplicable gaps in his research: In one section (and probably repeated elsewhere), the author discusses short selling ETF's, but notes that it may be difficult to do so. He noted that "ETrade has stated that if you call them...they will [find a way to sell an ETF short). They say it's done routinely, but I haven't put them to the test." Really? He goes to that much trouble to explain the only way he mentions you might sell ETFs short, but didn't have enough time to make ONE phone call to confirm or refute this? <br /> <br />There is a lot of background on the hedge fund industry, trading, fund approaches, major players, etc. It's somewhat repititive, but probably good background for most. <br /> <br />From a practical perspective, he dedicates only a small portion of the book to actually contstrucing an ETF Hedge fund, half of which is essentially a plug for his subscription ETF newsletter. Assuming the newsletter is useful, I'm guessing that is a much more valuable than this book. Rating: 2 / 5 There are many reasons I strongly recommend against this book, including factual mistakes, frequent typos, frequent repetition, and little practical value.

I read the book cover to cover, which is to say I read most things 2 or 3 times. The author repeated, verbatim, numerous passages in different chapters. In addition there were numerous typos, incorrect words, and other proofreading mistakes.

Factually speaking, the author incorrectly explains correlation – confusing negative (or inverse) correlation with non-correlation. There is also an inexplicable gaps in his research: In one section (and probably repeated elsewhere), the author discusses short selling ETF’s, but notes that it may be difficult to do so. He noted that “ETrade has stated that if you call them…they will [find a way to sell an ETF short). They say it’s done routinely, but I haven’t put them to the test.” Really? He goes to that much trouble to explain the only way he mentions you might sell ETFs short, but didn’t have enough time to make ONE phone call to confirm or refute this?

There is a lot of background on the hedge fund industry, trading, fund approaches, major players, etc. It’s somewhat repititive, but probably good background for most.

From a practical perspective, he dedicates only a small portion of the book to actually contstrucing an ETF Hedge fund, half of which is essentially a plug for his subscription ETF newsletter. Assuming the newsletter is useful, I’m guessing that is a much more valuable than this book. Rating: 2 / 5

]]>