Shocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good.
Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return chasing, investors confront surprisingly meager results. Drawing on an insider's view of industry growth during the 1990s, a time when hedge fund investors did well in part because there were relatively few of them, The Hedge Fund Mirage chronicles the early days of hedge fund investing before institutions got into the game and goes on to describe the seeding business, a specialized area in which investors provide venture capital-type funding to promising but undiscovered hedge funds. Today's investors need to do better, and this book highlights the many subtle and not-so-subtle ways that the returns and risks are biased in favor of the hedge fund manager, and how investors and allocators can redress the imbalance.The surprising frequency of fraud, highlighted with several examples that the author was able to avoid through solid due diligence, industry contacts, and some luck Why new and emerging hedge fund managers are where generally better returns are to be found, because most capital invested is steered towards apparently safer but less profitable large, established funds rather than smaller managers that evoke the more profitable 1990s
Hedge fund investors have had it hard in recent years, but The Hedge Fund Mirage is here to change that, by turning the tables on conventional wisdom and putting the hedge fund investor back on top.
In this book, Everything You Know About Investing is Wrong, Sosnowy:· dispels some of the most common myths about investing.
By synthesizing “how to get rich” ideas from classic self-help books by Wallace D. Wattles (The Science of Getting Rich), Napoleon Hill (Think and Grow Rich!), and Charles Haanel (The Master Key System) with twenty-five modern-day self-improvement gurus like Jack Canfield, Bob Proctor, Michael Bernard Beckwith, James Ray, Lisa Nichols, and Joe Vitale, author Rhonda Byrne and her team have created an almost alchemically rich and compelling promise.
They claim that “The Secret” was discovered by such historical luminaries as Plato, da Vinci, Galileo, Napoleon, Hugo, Beethoven, Newton, Edison, and Einstein/ that “The Secret” has existed in fragments in religions, philosophies, and oral traditions for centuries . . . but only now has it all been put together. “The Secret is everything you have dreamed of . . . and is beyond your wildest dreams,” trumpet the marketing materials. Could it really be true, or is it just a new spin on the very old (and decidedly not secret) “the power of positive thinking” wedded to “ask and you shall receive”?
Alexandra Bruce goes behind the scenes to investigate the phenomenon, from its roots in Australia to the sales bonanza that has seen creator Rhonda Byrne become the most successful debut author in memory. Bruce takes a hard but fair look at the “teachers” featured in The Secret and the “Law of Attraction” that is the central theme. To truly understand the significance of The Secret, perspective is needed. Beyond The Secret delivers that and much more.
This outrageous film plunges you into a world where quantum uncertainty is demonstrated—where neurological processes and perceptual shifts are engaged and lived by its protagonist—where everything is alive, and reality is changed by every thought. What the Bleep Do We Know!? gives voice to the modern-day radical souls of science, bringing their genius to millions.
What the Bleep Do We Know!? says that science and spirituality are not different modes of thought, but are in fact describing the same thing. And it brings the power back to the individual man and woman as it demonstrates creation as the god-like capacity of every individual.
In Beyond the Bleep, Alexandra Bruce illuminates the personalities and teachings of the physicists, neurologists, anesthesiologists, physicians, spiritual teachers, mystics, and scholars in the film, as well as the filmmakers, helping the reader sort through their wilder and woollier theories with simple explanations of the cutting-edge science on which they are based. The phenomenon of the movie is only just beginning, spreading outwards from the yoga studios and health food stores of the Pacific Northwest across America and the world. There is a huge demand for more information on the topics presented in the film; Beyond the Bleep is the place to start.