Burton does an excellent job with biographical profiles of some of the most successful managers, who mentored them, the inflection points in their careers, how those inflection points impacted their philosophy and their trajectory.
She profiles
1. Mark Yusko
2. Michael Steinhardt
3. John Armitage
4. Mark Lasry
5. Craig Effron
6. Lee Ainslie
7. Bernay Box
8. Brian Bradshaw, David Meaney, Michael Ross and Alex Szewczyk
9. Josh Friedman and Mitch Julius
10. Jeffrey Schachter and Burton Weinstein
11. Dwight Anderson
12. Robert Mignone
13. Bruce Ritter
14. Julian Robertson
15. Jim Chanos
16. Richard Perry
17. Daniel Loeb
You aren't going to learn risk management, how to short or trading strategies from this book.
Burton does an excellent job capturing Mark Yusko and his philosophy. As he says in the book, "A lot of people get hung up on the idea that a great manager has to come out of a certain educational institution, or requires a certain credential. It's exactly the opposite." The investment business is about craftsmanship, he says and a craftsman is an apprentice first.'
Yusko goes on to say, "The right combination of skills is not the set that most people would expect in a fund manager, the best in the business today are not necessarily the finest analysts and many of them are not the most quantitatively oriented."
He's right. This book is also about mentoring. What the truly great hedge fund managers understand is that managing money long is one thing, managing money short is another---running a hedge fund is an entirely different story.
Those truly successful hedge fund managers--are artists. It is a craft and not everyone can do it.
No one understand that better than Julian Robertson. The author describes how Robertson mentored fund manager Lee Ainslie and what he taught in his sessions. Robertson monetized his powerful mentoring model into the Tiger Cub.
Hedge fund managers view the world differently, and those that get into the business are passionate about their view, their convictions, their perspective, and they possess a raw intellectual intelligence.
Burton does an excellent job describing Marc Lasry. If the reader isn't familiar with Avenue Capital, Lasry or his sister, Sonia Gardner, you cannot help but be fascinated by him. He exudes discipline and humility. What's so inspiring about both he and his sister are how risk adverse, institutional in their perspective, and transparent they are in their management of money---rare for a hedge fund manager.
Burton does an excellent job writing this...and it's an easy read, with great insight. It's worth every dime! Highly recommend!
Average Rating:

Author: Katherine Burton
ISBN: 1576602451
Number Of Pages: 206
Languages:
Unknown: English
Original Language: English
Published: English
Product Description:
One of Amazon.com's Best Books of 2007
Top 10 Editor's Picks: Finance and Investing
The hedge fund industry's top managers have a penchant for high returns and low profiles. The combination makes them a regular focus of the media, eager to know what makes them tick. Now, thanks to Katherine Burton, who's been covering these noteworthy traders for Bloomberg News for more than a decade, we know considerably more about them. With candor and detail, the industry's most successful hedge fund managers describe the events that shaped their personal journeys, the strategies they use to produce returns even in uncooperative markets, and the attributes that make a smart investor. Hedge Hunters offers a rare look at the industry's top performers and an introduction to some of the most talented new managers, handpicked by the masters themselves.
Available at Amazon
List Price: USD 27.95
Lowest Used Price: USD 1.11
Lowest New Price: USD 17.00

Customer Reviews

Collection of best hedge fund managers
The growth in hedge funds over the last 20 years has been tremendous. The author says that in 2007 there were 2,400 single-manager hedge fund firms worldwide. But as more hedge funds formed, the overall returns decreased. This book features the industry's leaders and legends who have successfully operated for a decade or more and produced returns greater than their peers.
These managers differ on things such as philosophies, personalities, and age, but what they all have in common is their ability to make money. The author says:
"Whatever their training, education, or risk tolerance, they share many qualities: they're skeptical, intellectually curious, and independent thinkers. Passionate about their profession and their goals, they take the long view."
Some of their names are Mark Yusko, Michael Steinhardt, Craig Effron, Boone Pickens, and many others. It is always fascinating to read how others make it. I recommend it to readers who would like to learn from the best.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

Just before the trainwreck....
Hedge Hunters takes the reader behind the curtain to see what led to the collapse in financial markets, a collapse primarily in trust.
Without pulling punches and accessible to the layman this is a helpful first step into the bizzarro world of hedge funds.

light interesting read...
"Hedge Hunters" is a light informative read which profiles nearly two dozen hedge fund managers and investors. Although each profile only offers 8-10 pages on each manager there are enough ideas and strategies to appeal to all but hardcore financial types. I have been trading stocks and options for nearly 15 years and found much about the world of hedge funds and their managers that I had been exposed to only peripherally before. I enjoyed the book.I like her writing style and her presentation. If you are looking for a "how to be a hedge fund manager" type of book the content is lacking, but for a light and broad glimpse into that world I think it does just fine.

Reader-friendly interviews with hedge-fund legends
What are the qualities of a successful hedge fund manager? To answer that question, Katherine Burton profiled industry leaders who have outperformed their peers over time. Her book provides readers with a sweeping introduction to the hedge fund industry's top performers. You will discover how these investors got to the top, what strategies they employ, how they learn from their mistakes and what characteristics they find necessary to succeed in this very competitive environment. Burton profiles an impressive group: Mark Yusko, Michael Steinhardt, John Armitage, Marc Lasry, Craig Effron, Lee Ainslie, Bernay Box, Boone Pickens, Brian Bradshaw, David Meaney, Michael Ross, Alex Szewczyk, Josh Friedman, Mitch Julis, Jeffrey Schachter, Burton Weinstein, Dwight Anderson, Roberto Mignone, Bruce Ritter, Julian Roberston, Jim Chanos, Richard Perry and Daniel Loeb. While Burton provides a rare glimpse inside the world of these hedge fund managers, her very readable interviews are too brief for those searching for inside knowledge about hedge funds. Those seeking in-depth discussions of investment techniques and trading strategies may wish that she had dug a little more deeply. Nevertheless, getAbstract likes this quick, easy-to-read set of profiles from the world of hedge funds, and recommends it to anyone who wants a peek behind the curtain into this elite domain.