Michael Scotti of Traders Magazine recently reviewed a book that should be on your list of bedtime reading, especially if you’re interested in a hedge fund job.
Diary of a Hedge Fund Manager: From the Top, to the Bottom, and Back Again tells the story of a middle-class kid from Thunder Bay, Ontario, who earns a hockey scholarship to Yale University. He parlayed that into an entry-level equity sales job at Credit Suisse during the height of the dot-com boom.
The author, Keith McCullough, then moved to a hedge fund as a junior analyst. Within 3 years, he was earning more than $1 million a year as a hedge fund portfolio manager.
The book covers the frothy period from the dot-com crash through to the hedge fund bubble and ends with the with the subprime meltown. At one point, McCullough reached seven figures in annual compensation, not too shabby for a 27-year-old.
Reviewer Scotti says Diary of a Hedge Fund Manager is an easy read, covering the history of hedge funds, their meteoric growth in the past decade. And it gives readers a look at past- and present-day superstar hedge fund managers through the eyes of an industry insider.
You can read Scotti’s review at Trader’s Magazine Online. Or order your own copy of the book through Amazon.
Have you read it yet? Any comments? We’d like to know what you think. (Just leave a comment below).
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