A brilliant investor, a born raconteur and an overall smart-ass,
Andy Kessler pulls back the curtain on the world of hedge funds and
shows how the guys who run big money think, talk and act.
Following on the success of Wall Street Meat, his self-published
book on the lives of Wall Street stock analysts, Andy Kessler
recounts his years as an extraordinarily successful hedge fund
manager. To run a successful hedge fund you must have an investing
edge -- that special insight that allows you to reap greater
returns for your clients and yourself.
A quick study, Kessler gets an education in investing from some
fascinating and quirky personalities. Eventually he works out his
own insight into the world economy, a powerful lens that reveals to
him hidden value in seemingly negative trends. Focussing on margin
surplus, Kessler comes to see that current American economy, at the
apex of the information revolution, is not so different from the
British economy at the height of the industrial revolution. Drawing
out the parallels he develops a powerful investing tool which he
shares with readers. Contrarian and confident, Kessler made a
fortune applying his ideas to his hedge fund. Which only proves
that they may not be as crazy as they sound.
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