How to Create and Manage a Hedge Fund: A Professional's Guide

By Stuart A. McCrary

• Includes trading examples that illustrate points about risk management and leverage.
• Presents all the practical knowledge necessary to run a leveraged investment company.
• Non-technical explanations brings an element of transparency to a part of the investment world often thought of as difficult to understand.

• Language: English
• Publisher: Wiley
• Release date: Oct 2, 2002
• ISBN: 9780471353102

Book preview

Reviews for How to Create and Manage a Hedge Fund

[lauriebrown54 · Rating: 5 out of 5 stars]

Forensic medicine truly started in New York in 1918, with the appointment of Charles Norris as the first chief medical examiner. Together with toxicologist Alexander Gettler, he changed the face of how murder by poison was solved, creating tests to reveal the deadly substances. Prior to this, murder by poison was hard to detect and even harder to prosecute successfully. Each chapter of the book is devoted to a single poison, focusing on a case that the NYC lab solved. Blum describes the symptoms, the speed of death, the appearance of the internal organs and an exact description of the poison works, right down to the chemical level. She sets this against the history of the era, when poisons were much more readily available (rat poisons were abundant and could be had at any drug store; personal care products contained arsenic and other deadly ingredients, radium was in a health drink) and Prohibition made drinking wood alcohol seem a risk worth taking to some. One of the products of the lab was the correlation of blood alcohol to impairment-Prohibition turned out to be an excellent time for studying alcohol intoxication. The book is engrossing, like reading CSI: Roaring Twenties. The tests the lab used were not simple ‘place a swab of tissue on a slide, insert in machine’ ones. The required large amounts of tissue, which had to be finely chopped and rendered down to a slurry, then placed in test tubes and subjected to various chemicals in precise series. The lab ran on a shoestring, with Norris frequently subsidizing it with his own funds. Norris used his position to lobby for change- he was anti-Prohibition, pro-FDA having the power to ensure that products were safe and even helped in a suit against the U.S. Radium Co. by some of the workers- the Radium Girls- who were dying of the effects of working with radium, their bones crumbling, leukemia weakening them and exhaling radon gas with every breath. If you have a bit of a morbid bent and like science and true crime, pick this one up.