Best books About the Hedge Fund Industry
Mar 18, 2023 By Rick Novak

Nowadays, ETFs have gained a lot of popularity. More popularity it gains means there are more easily accessible investments of hedge funds for the general public. It is leading to a surge in demand for hedge funds and mutual fund trading tactics (ETFs).

These are some of the greatest books ever published further about the hedge fund sector, perfect for curious investors or ambitious managers looking to enhance their expertise.

Best books About the Hedge Fund Industry

Following are the top Hedge Fund Books that can be considered as a good guide by the Industry:

More Money Than God: Hedge Funds and the Making of a New Elite

From its inception in the 1960s towards the financial meltdown of 2008, the book "More Money Than God" written by Sebastian Mallaby, is the conclusive part of the hedge fund sector. Mallaby explains the rationale behind the formation of hedge funds and argues that, despite their negative reputation, they positively impact the economy through their transparent responses to market forces and strategies like arbitrage trying to trade, which effectively rectify market inefficiencies and other business discrepancies.

Mallaby's book provides unique perspectives on the history of the hedge fund sector, the innovation of hedge fund stock trading, and the cognitive science and thinking of the people responsible for managing hundreds of millions of dollars in capital investment daily, thanks in large part to the author's use from several thousand hours of phone conversations with hedge fund executives. The Gerald Loeb Book Prize for Outstanding Business and Economic Journalism was given to the author in 2011 for publication in 2010.

Richard Wilson's The Hedge Fund Book

Author Richard Wilson employs a case study in his Hedge Fund Books to lead readers through assessments of special hedge funds at different stages of development. Also, he has explained through real-time examples and provided information relevant to prospective hedge fund shareholders, investment financiers, and other finance experts.

Wilson discusses the day-to-day tasks of hedge fund executives and the inner workings of hedge funds, including investing and marketing strategies. This textbook-style book about the hedge fund sector was written by Wilson, a hedge fund advisor, and is now required reading for anyone pursuing the CHFP credential.

Play the Role of a Hedgehog

The lives and thoughts of great hedge fund managers are the subjects of enlightening books about the sector of hedge funds. This book recounts his experiences starting and running the worth billions of dollars hedge fund.

Market-Neutral Investing: Long/Short Hedge Fund Strategies

Long/short trading, sometimes known as market-neutral trading, is a common strategy employed by hedge funds, and it is the subject of Joseph Nicholas's textbook. In extreme market volatility, such as in 2016's first few weeks, marketplace-neutral trading methods have emerged as popular risk management tools. Several long/short equity approaches considerably exceeded the average return between 2005 and 2015, attracting a growing investor base.

Nicholas presents eight long/short investment strategies drawn from a database, including information on over 1,000 hedge funds. To help investors better grasp each trading technique, he includes statistical data from the past and several illustrative examples.

A Guide to the World's Best Hedge Fund Investors

Cathleen Rittereiser and Lawrence Kochard are the writers of this fascinating and informative book that includes insights on hedge fund managers and shareholders and comprehensive coverage of the most popular hedge fund trading tactics. In the book, a group of wealthy financiers and hedge fund managers offer their insights, methods, and events from the investment world. Although packed with useful information for amateur and experienced investors and financial managers, this book is also fun.

Comprehensive Guide to Hedge Funds

Many misconceptions about hedge funds are dispelled in this book, along with advice on how any investor may take full advantage of their high potential profits while implementing protections to reduce their risk and instability.

Hedge Funds for Dummies

Using common vocabulary and illustrative tools like charts and diagrams, the volume makes hedge funds accessible to the general reader. This book simplifies the complex topic of hedge funds. Consider acquiring this if you are curious about the subject and are just starting.

The Little Book of Hedge Funds

Anthony Scaramucci also served as director of White House communications and wrote this book as well. He briefly described the trading trends during Trump's administration. This book provides a straightforward, first-person explanation of establishing and managing a hedge fund. It gives credible accounts of the industry's expansion and the opportunity for hedge funds to outperform the market and traditional investment vehicles like mutual funds and exchange-traded funds in terms of uncertain returns. Moreover, he interviews other successful hedge fund managers to back up his claims.

Hedge Fund Market Wizard

Jack Schwager is back with another entry in his Trade Wizards program, this time focusing on the hedge fund business. He interviews prominent figures in the hedge fund world in-depth to get their thoughts and perspectives on the sector. Its conversational style will appeal to readers with little prior knowledge of Wall Street and those with extensive experience.

Hedge Funds: Definitive Strategies and Techniques

This book covers approximately everything regarding hedge funds and trading methods and is aimed at seasoned financial experts, as it is more complex and relies heavily on mathematics. The book's contributors come from the academic and hedge fund worlds, and their combined knowledge covers various topics, including managing risk, hedging, and different types of assets. Little Book of Hedge Fund text is not for you if you are a newcomer to the fear of algebraic calculations. But this could be the book for you if you want to get down to brass tacks with hedge fund techniques.