SKU: 18600738238

The Hedge Fund Mirage: The Illusion of Big Money and Why It's Too Good to Be True

Sale price$26.74 Regular price$29.71
Save 10%

Pay in installments of $7.43 with ShopPay, AfterPay and Klarna

Shipping Estimate
USA
  • USA
  • CAN

Ships within 48 hours · Estimated delivery Sep 21 - Sep 26

Promo Codes Available:

For Your Every Summer RSVP, with Code: SUMMER15

Description

The Hedge Fund Mirage: The Illusion of Big Money and Why It's Too Good to Be TrueThe dismal truth about hedge funds and how investors can get a greater share of the profits 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

The dismal truth about hedge funds and how investors can get a greater share of the profits

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.



Binding Type: Hardcover
Publisher: Wiley
Published: 01/03/2012
ISBN: 9781118164310
Pages: 208
Weight: 0.83lbs
Size: 9.26h x 6.34w x 0.57d
Shipping Notes
  • Free Standard Shipping on $100+ Orders to the USA.
  • Except Preorder products are shipped in 48 hours.
  • Delivery to the USA:
  1. Standard Shipping : 3-10 business days
  • If time is of the essence, please consider selecting expedited delivery for faster service.
Exchange/Return Notes
  • We offer a 30-day return/exchange service after receiving.
  • Final sale items are not eligible for returns or exchanges.
  • To process your return/exchange, please contact us at [email protected]
  • Please click here for more details>>> Return & Exchange Policy
SKU: 18600738238

Discover Niche Categories That Outsell

Top-Converting Item to Boost Your Average Order

4.6 ★★★★★
Based on 12 reviews
Sort
Highest Rating
Newest First
Oldest First
Product Reviews
C
Verified Purchase
Copper Fox
Charlottesville, US
★★★★★ 4
Close...but not quite the length.
Size: XL (16 in), Style: 2 Knot Rope Bone, Size: XL (16 in), Style: 2 Knot Rope Bone
I will admit, I thought their picture was off, because when I saw 16" in the title I was expecting the distance between the knots to be 16 inches in length. So if you're looking for a good length tug-of-war rope for a medium to large dog, look somewhere else. I'm not returning it, it's good quality cotton rope asides that. My dog needs a new toy and cotton ones are harder to find. Next time I'm going to their amazon store directly to look for what I wanted though. I will buy from them again, I like the quality and the fact that, for once, cotton is actually cotton.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on February 12, 2025
B
Verified Purchase
Brigette Ritchie
Whiting, US
★★★★★ 5
Great toy
Size: Small (9 in), Style: 2 Knot Rope Bone
I got this because my puppy chews through the other kinds of rope toys. This one is laying though. Only thing is, she's eating off the loose strings. Lol So she's pooping strings all the time
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on February 14, 2026
J
Verified Purchase
Jeffrey T DeLapp
Houston, US
★★★★★ 5
The strings on the end are super engaging and the rope itself holds up really well
Size: Small (9 in), Style: 2 Knot Rope Bone
Super cost effective way to redirect chewing!! Our 4 month old corgi quickly made this is favorite toy. He loves the strings on the side and tugs on it endlessly, and the main rope was pretty firm at first but has softened up while maintaining its strength. Highly recommend as an interactive toy or just something for your dog to chew on their own so you can take some time to chill on your own!
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on July 25, 2024
J
Verified Purchase
Julie
Charlottesville, US
★★★★★ 3
Not for aggressive chewers!
Size: Large (14 in), Style: 2 Knot Rope Bone
At first glance, this rope toy seemed sturdy and well made. However, within an hour of my Vizsla chewing on it, she had already bitten off and unfortunately swallowed several of the fringes. The center of the rope also began to unravel. This toy may be suitable for smaller dogs or those that aren’t aggressive chewers, but I wouldn’t recommend it for large dogs or heavy chewers. Additionally, while it may measure 14 inches before being knotted at the ends, the total length is shorter than advertised.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on April 5, 2026
B
Verified Purchase
BErickson
New York, US
★★★★★ 5
Two knots, Not 3…
Size: Large (14 in), Style: 2 Knot Rope Bone
Been subscribed & saving on 3 knot version for years. My dogs gnaw through the center knot and they quickly unravel. This 2 knot version seems to last much longer.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on October 19, 2025

recommand products