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The Invisible Hands Steven Drobny

The Invisible Hands By Steven Drobny

The Invisible Hands by Steven Drobny


$10.00
Condition - Very Good
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Summary

The Invisible Hands provides investors and traders with the latest thinking from some of the best and the most successful players in money management, highlighting the specific risk and return objectives of each, and discussing the evolution of certain styles and beliefs in money management.

The Invisible Hands Summary

The Invisible Hands: Hedge Funds Off the Record - Rethinking Real Money by Steven Drobny

Timely investment advice from the investors who survived--and thrived--during the economic crisis In light of the colossal losses and ongoing difficulties caused by the financial crisis, it's obvious that the time has come to rethink money management in the broadest of terms. Drastic changes are clearly in order, but no new model has yet been implemented. Steven Drobny explores a new model from a simple starting point--by consulting the traders and managers who actually made money during this profoundly difficult period. In The Invisible Hands , top global macro managers reveal their own (clearly successful) approaches to markets and risk, suggesting important tenets for money management in a future, precarious world. Providing money managers and investors with the proven expertise of the best and most successful players in money management and detailing many specific elements of their risk management processes, The Invisible Hands : Outlines investment strategies for the rocky road ahead Provides guidance on how real money managers can implement certain elements of macro hedge fund strategies, developing a new paradigm of portfolio construction anchored in superior risk management Reveals intimate aspects of the investment processes of some of today's top hedge fund managers The book highlights the similarities among successful traders, showing that the investment process should be anchored in understanding the true risk-adjusted returns in your portfolio.

The Invisible Hands Reviews

ARE YOU MORE CONCERNED, to paraphrase Mark Twain, with the return of your money than the return on your money? If so, a new book, The Invisible Hands , might be of interest. Written by Steven Drobny, founder of hedge-fund consultant Drobny Global Advisors, the book, subtitled Hedge Funds Off the Record -- Rethinking Real Money , focuses on the mistakes made and lessons learned in the financial crisis of 2008. The author says pension funds, endowments, foundations and other institutional investors must adopt a forward-looking, risk-based approach to investing, especially if they have annual cash needs. ( Barron's , May 31, 2010) Wildly enjoyed reading this solely for the vast amount of information and advice divulged... The insight divulged in part two of is priceless... Many books that have come out of the financial crisis focus on learning from mistakes. On the other hand, Drobny's book pinpoints managers who fared well in 2008 as they were either able to preserve capital or grow it. This allows readers to learn from those who found success during a time when many others failed... We treasured The Invisible Hands: Hedge Funds Off the Record and highly recommend it to anyone looking to learn from top hedge fund managers. We found the book's particular focus on global macro strategies especially intriguing given that the majority of the coverage on our site centers on long/short equity hedge funds. Those of you looking for a peephole into the fast paced world of global macro would find this book advantageous. And if you manage money, then Drobny's new boook is simply a must read. ( Marketfolly.com )

About Steven Drobny

Steven Drobny is the founder of Drobny Global Asset Management, a full-service asset management, investment advisory, and consulting firm focused on global macro and commodity hedge fund strategies. He is also the author of the critically acclaimed The Invisible Hands: Top Hedge Funds on Bubbles, Crashes and Rethinking Real Money (Wiley) and Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets (Wiley) . Please visit www.drobnycapital.com for more information on Mr. Drobny and his books.

Table of Contents

Foreword ( Jared Diamond ) Preface. PART ONE REAL MONEY AND THE CRASH OF '08. Chapter 1 Rethinking Real Money. Chapter 2 The Researcher: Dr. Andres Drobny, Drobny Global Advisors. Chapter 3 The Family Office Manager: Jim Leitner, Falcon Management. PART TWO THE INVISIBLE HANDS. Chapter 4 The House. Chapter 5 The Philosopher. Chapter 6 The Bond Trader. Chapter 7 The Professor. Chapter 8 The Commodity Trader. Chapter 9 The Commodity Investor. Chapter 10 The Commodity Hedger. Chapter 11 The Equity Trader. Chapter 12 The Predator. Chapter 13 The Plasticine Macro Trader. PART THREE FINAL WORD. Chapter 14 The Pensioner. Conclusion. Acknowledgments. Bibliography. About the Author. Index

Additional information

GOR004050923
9780470607534
047060753X
The Invisible Hands: Hedge Funds Off the Record - Rethinking Real Money by Steven Drobny
Used - Very Good
Hardback
John Wiley and Sons Ltd
20100416
384
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The Invisible Hands