Money Mavericks by Lars Kroijer PDF Book

Download Money Mavericks PDF Book by Lars Kroijer

 

This is the story of the life of a hedge fund. I started Holte Capital in 2002 and returned all the external capital to the remaining investors in February 2008. Those six years tested my sanity and resilience to their limits. In this book I want to explain what it was like to run a hedge fund during a period when the industry went from relative obscurity to something everyone’s aunt or uncle would discuss.

When I set out to write this book it was mainly because I felt the inner workings of the hedge funds were poorly understood by outsiders. Having grown from a small and mainly US investment activity to become a global trillion-dollar circus, the industry is often unfairly portrayed as a fee-charging gambling den populated by dart-throwing chancers and Bernie Madoff’s evil twin. This was nothing like the industry I had been a part of for a decade, and I recognised little of my time at Holte Capital in many of the accounts. The industry I had known largely involved highly intelligent people who were passionate about the world of investing. They would spend endless hours engaging in complex financial analysis to find angles from which their investors might profit. If they failed, the repercussions would be swift and severe. If they succeeded, the rewards would be massive by any normal standard – probably too big. It was certainly exciting, but not in the way most people seemed to think.

  • Full Book Name – Money Mavericks
  • Author of this Book – Lars Kroijer
  • Language – English
  • Book Genre – Economics
  • Download Format – PDF
  • Size – 1.58 MB
  • eBook Pages – 205

Money Mavericks by Lars Kroijer PDF Book

  • Download Money Mavericks PDF Book by Lars Kroijer   This is the story of the life of a hedge fund. I started Holte Capital in 2002 and returned all the external capital to the remaining investors in February 2008. Those six years tested my sanity and resilience to their limits. In this book I want to explain what it was like to run a hedge fund during a period when the industry went from relative obscurity to something everyone’s aunt or uncle would discuss. When I set out to write this book it was mainly because I felt the inner workings of the hedge funds were poorly understood by outsiders. Having grown from a small and mainly US investment activity to become a global trillion-dollar circus, the industry is often unfairly portrayed as a fee-charging gambling den populated by dart-throwing chancers and Bernie Madoff’s evil twin. This was nothing like the industry I had been a part of for a decade, and I recognised little of my time at Holte Capital in many of the accounts. The industry I had known largely involved highly intelligent people who were passionate about the world of investing. They would spend endless hours engaging in complex financial analysis to find angles from which their investors might profit. If they failed, the repercussions would be swift and severe. If they succeeded, the rewards would be massive by any normal standard – probably too big. It was certainly exciting, but not in the way most people seemed to think.
    • Full Book Name – Money Mavericks
    • Author of this Book – Lars Kroijer
    • Language – English
    • Book Genre – Economics
    • Download Format – PDF
    • Size – 1.58 MB
    • eBook Pages – 205