this is a well written book about some of the more colourful figures in the world of high-stakes investing. Anyone looking for a decent holiday read could do a lot worse (Money Week, June 2012)
'There is not a dull moment, and one may even come out a much wiser investor by the end of the book. (eVestment|HFN, June 2012)
Using savvy and psychological understanding she fully grasps the nature behind the secretive trade, and gives the reader guidance to replicate success. (European CEO, 1st August 2012)
“This is one of the very few books I know of that crawls inside the minds of today’s most brilliant investors to get the play-by-play of their best (and sometimes worst) investments. You feel as though you are sitting across from the likes of John Paulson and David Tepper as they share their most sought-after techniques and analysis. This book will pay for itself and then some for those who are smart enough to pick it up.”
—Nouriel Roubini, Cofounder and Chairman, Roubini Global Economics, Professor of Economics, NYU Stern School of Business
“Maneet Ahuja knows well the stars of the hedge fund universe. She has written a really very interesting book that provides insights into the industry, its rapid evolution, and its adaptability to a constantly shifting investment landscape. But, most of all, she introduces us to its fascinating leaders, in depth. From their backgrounds, values, and modes of thought, she gives us insight into what it takes to be successful in this most demanding profession.”
—Michael Spence, 2001 Nobel Laureate in Economics, former Dean of Stanford Business School
“Hedge funds carry a range of connotations for investors, both good and bad. Maneet’s demystification of this increasingly important sector of the financial world provides a valuable service for investors, as they look for alternatives to the financial institutions—and investing tenets—that failed them during the financial crisis.”
—Sallie Krawcheck, former CEO of Merrill Lynch Wealth Management and U.S. Trust
“No one has the type of access to this elite class of hedge fund managers as Maneet Ahuja does. The Alpha Masters provides the type of in-depth insight and advice that only comes from countless conversations and time spent one-on-one with these managers. The Alpha Masters is bound to be a classic.”
—Leon G. Cooperman, Chairman and CEO, Omega Advisors, Inc.
“The Alpha Masters has captured the background, the ideas, and the money-making cutting-edge strategy of today’s drivers of financial thought, analysis, and action. It is a great read for those who track the capital market and the tug-of-war between creativity, ideas, and capital market stress.”
—Mario J. Gabelli, Chief Investment Officer, GAMCO Investors, Inc.
“The great cultural divide in journalism has always been between access and accountability reporting. But, in the end, it’s really just a division of labor; readers need both. Ahuja works the access side of the street, and gets people to talk as few others can. The result is a surprisingly absorbing book about people who you can’t help but be curious about.”
—Dean Starkman, Pulitzer Prize–winning journalist and Editor of the Columbia Journalism Review ’s “The Audit”
“Maneet presents clear and thoughtful studies of some of the most successful investors of recent years. The Alpha Masters is highly recommended as an excellent guide to what has worked best recently in the rapidly changing and sometimes secretive world of hedge funds.”
—Jim McCaughan, Chief Executive, Principal Global Investors
“With great insight and clarity, Maneet Ahuja distills the essence of what makes hedge fund managers successful. The leading – and legendary – figures in the business provide her with their recipes for the “secret sauce” that puts them ahead of the rest. This book is a must read for anyone considering investing in, working in, or just plain interested in the hedge fund industry.”
—Randall S. Kroszner, Norman R. Bobins Professor of Economics, Booth School of Business, University of Chicago and former Governor of the Federal Reserve--This text refers to the Paperback edition.