An American Hedge Fund ; How I Made $2 Million As A Stock Market Operator & Created A Hedge Fundby Timothy Sykes
$2 trillion is invested in the hedge fund industry, and yet, due to industry regulations, the general public knows little about them. This book will change everything. Timothy turned $12,000 of Bar Mitzvah gift money into $1.65 million trading thousands of stocks from 1999-2002, managed the #1 Short Bias Hedge Fund from 2003-2006, starred in the television documentary… See more details below
$2 trillion is invested in the hedge fund industry, and yet, due to industry regulations, the general public knows little about them. This book will change everything. Timothy turned $12,000 of Bar Mitzvah gift money into $1.65 million trading thousands of stocks from 1999-2002, managed the #1 Short Bias Hedge Fund from 2003-2006, starred in the television documentary Wall Street Warriors, and appeared regularly on CNBC all before the age of 26. It's been a wild ride. This 'Rocky'-like story is the first realistic look at the world of stock trading and hedge funds-it will educate and inspire everyone.
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An outstanding book. If anyone is thinking about any trading in the markets, must read this book first, and the results will be apparent.
Timothy Sykes steps into the forum of books on Hedge Funds with one terrific advantage: Sykes shares his initial interest, his development, his experience, and his successful creation of a Hedge Fund that made him a millionaire and an acknowledged expert in the field of Finance by age 26! In his book, AN AMERICAN HEDGE FUND, Sykes proves that in addition to his extraordinary gift as an entrepreneur he is also a very fine writer, able to communicate his dream and his reality with a forceful, compelling style that will find an audience among those who wish to understand the seeming conundrum of the Stock Market. Sykes relates this resource book on understanding finance in a personal, autobiographical manner. His tone, while always serious, manages to be light and wholly understandable, no small feat for a subject as daunting as Hedge Funds. For example, the lead-in page of this book offers no fewer than five definitions of the term Hedge Fund (and for those of us for whom the language of high finance is most foreign, this is a kind introduction!) and then proceeds to `teach us¿ about the Stock Market by relating his own fascination and intial experiences all the way through his success as being a manager of his own Hedge Fund. It is intriguing material, eloquently written, and so user friendly that it would be nearly impossible to complete this book without a substantial grounding in a subject once alien to the masses. Some authors, when writing about their own success stories in a field many find strange, tend to toot their own horn to the extent that ultimately dismissing the book as yet another `brag book of the American Dream¿ results in shelving an unfinished bit of boredom. This is most assuredly not the case with Timothy Sykes: it is the humanity with which he shares his experiences, good and bad, that keeps our attention and gradually encourages emulation. This is a fine little book, overflowing with information, and delivered like a gift to the reader. Highly recommended. Grady Harp