Oct 07
24
An American Hedge Fund Arrives
Today I went to check the mail which was stuffed so much with catalogs for my wife I almost didn’t see the package that came from Vancouver.
Said package was from John Chow of course containing my signed copy of “An American Hedge Fund” by Timothy Sykes. This is the story of how $12 grand can turn into $1.65 million in the hedge fund business.
Hedge Funds are ways of playing the market with other people’s money. A hedge fund as the name implies makes bets in the stock market that “hedge” or counterbet against popular opinion in the market, typically focusing on short sales of stocks that can be turned around quickly. Essentially it’s short day trading but on a massive scale.
Jim Cramer ran a $400 million hedge fund during the 80s and 90s and made a fortune.
I’m excited to read this book and when I am done, one lucky subscriber to this blog is going to win the book. In order to win you will need to subscribe to the full rss feed and I recommend you subscribe by email. Use the form on this page in the upper right.
Here’s a photo of the book:

Computer predicted stock trades, never guess again!
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