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Running Money by Andy Kessler
Running Money by Andy Kessler
Andy Kessler, a great investor, natural raconteur, and all-around smartass, lifts the lid on the world of hedge funds and reveals how the men in charge of enormous money think, speak, and behave.
Andy Kessler’s memoir of his years as an incredibly successful hedge fund manager follows the success of Wall Street Meat, his self-published book on the life of Wall Street stock analysts. You need an investment edge to manage a successful hedge fund—that unique knowledge that enables you to generate higher profits for both your customers and yourself.
Kessler picks up investment knowledge quickly from some intriguing and eccentric characters. He eventually develops his own perspective on the global economy, a potent lens that shows him hidden value in trends that initially appear to be unfavorable. Kessler realizes that the contemporary American economy, at the height of the information revolution, is similar to the British economy at the height of the industrial revolution by concentrating on margin excess. By seeing the similarities, he creates a potent financial tool that he shares with readers. Kessler, a contrarian and self-assured man, amassed wealth by implementing his ideas into his hedge fund. This simply serves to demonstrate that they might not be as insane as they seem.
Salepage : Running Money by Andy Kessler
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