Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:
For readers of The Smartest Guys in the Room and When Genius Failed, the definitive take on Brian Hunter, John Arnold, Amaranth Advisors, and the largest hedge fund collapse in history

At its peak, hedge fund Amaranth Advisors LLC had more than $9 billion in assets. A few weeks later, it completely collapsed. The disaster was largely triggered by one man: thirty-two-year-old hotshot trader Brian Hunter. His high-risk bets on natural gas prices bankrupted his firm and destroyed his career, while John Arnold, his rival at competitor fund Centaurus, emerged as the highest-paid trader on Wall Street. Meticulously researched and character-driven, Hedge Hogs is a riveting fly-on-the-wall account of the largest hedge fund collapse in history: a blistering tale of the recent past that explains our precarious present . . . and may predict our future.
 
Using emails, instant messages, court testimony, and exclusive interviews, securities analyst turned investigative reporter Barbara T. Dreyfuss charts the colliding paths of these two charismatic traders who dominated the speculative energy market. We follow Brian Hunter, the Canadian farm boy and elbows-out high school basketball star, as he achieves phenomenal early success, only to see his ambition, greed, and hubris precipitate his downfall. Set in relief is the journey of John Arnold, whose mild manner, sophisticated tastes, and low profile belied his own ferocious competitive streak. As the two clash, hundreds of millions of dollars in pension and endowment money is imperiled, with devastating public consequences.
 
Hedge Hogs takes you behind closed doors into the shadowy world of hedge funds, the unregulated wild side of finance, where over-the-top parties and lavish perks abound and billions of dollars of other people’s money are in the hands of a tiny elite. Dreyfuss traces the rise of this freewheeling industry while detailing the decades of bank, hedge fund, and commodity deregulation that turned Wall Street into a speculative casino.
 
A gripping saga peppered with fast money, vivid characters, and high drama, Hedge Hogs is also an important and timely cautionary tale—a vivisection of a financial system jeopardized by reckless practices, watered-down regulation, and loopholes in government oversight, just waiting for the next bust.

Praise for Hedge Hogs
 
“Regulators, legislators and judges inclined to sympathize with the industry ought to rush out and buy a copy of Barbara Dreyfuss’s Hedge Hogs, a wonderfully instructive tale about Amaranth Advisors. . . . Dreyfuss, a Wall Street analyst turned investigative journalist, not only plowed through what turned out to be a treasure trove of official records and transcripts, but supplemented it with plenty of her own reporting. She manages to organize it all into a tight, riveting and understandable yarn.”—The Washington Post

“Clearly and entertainingly told . . . a salutary example of how traders who believe they are super-smart might be nothing more than lucky, and how there is nothing so intoxicating as the ability to speculate with other people’s money.”—The Economist

“[Dreyfuss] does a great job of putting Amaranth’s out-of-control trader into historical context, explaining the blitz of deregulation that set the stage for someone like Hunter to do maximum damage.”—Bloomberg
 
“The definitive take on the largest hedge fund collapse in history . . . You will not be able to put it down.”—Frank Partnoy, author of F.I.A.S.C.O. and Infectious Greed

Named One of the Top 10 Business & Economics Books of the Season by Publishers Weekly

Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster by Barbara T. Dreyfuss

From reader reviews:

Elias Rosser:

This Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster book is simply not ordinary book, you have it then the world is in your hands. The benefit you obtain by reading this book will be information inside this e-book incredible fresh, you will get data which is getting deeper you read a lot of information you will get. This Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster without we comprehend teach the one who studying it become critical in contemplating and analyzing. Don't become worry Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster can bring any time you are and not make your tote space or bookshelves' become full because you can have it in your lovely laptop even phone. This Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster having very good arrangement in word along with layout, so you will not sense uninterested in reading.

Roseann Flowers:

Precisely why? Because this Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster is an unordinary book that the inside of the reserve waiting for you to snap that but latter it will jolt you with the secret the item inside. Reading this book close to it was fantastic author who else write the book in such awesome way makes the content within easier to understand, entertaining technique but still convey the meaning thoroughly. So , it is good for you for not hesitating having this any longer or you going to regret it. This unique book will give you a lot of advantages than the other book possess such as help improving your expertise and your critical thinking method. So , still want to hesitate having that book? If I were being you I will go to the e-book store hurriedly.

Solomon Steward:

This Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster is great reserve for you because the content which is full of information for you who have always deal with world and also have to make decision every minute. This book reveal it information accurately using great coordinate word or we can state no rambling sentences in it. So if you are read that hurriedly you can have whole info in it. Doesn't mean it only provides you with straight forward sentences but tricky core information with lovely delivering sentences. Having Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster in your hand like obtaining the world in your arm, details in it is not ridiculous one particular. We can say that no book that offer you world in ten or fifteen tiny right but this reserve already do that. So , this really is good reading book. Hey Mr. and Mrs. occupied do you still doubt which?

Victoria Owen:

As a college student exactly feel bored to help reading. If their teacher questioned them to go to the library as well as to make summary for some e-book, they are complained. Just very little students that has reading's heart or real their passion. They just do what the instructor want, like asked to go to the library. They go to presently there but nothing reading really. Any students feel that looking at is not important, boring along with can't see colorful photographs on there. Yeah, it is to be complicated. Book is very important for yourself. As we know that on this period of time, many ways to get whatever we wish. Likewise word says, ways to reach Chinese's country. Therefore this Hedge Hogs: The Cowboy Traders Behind Wall Street's Largest Hedge Fund Disaster can make you feel more interested to read.