Hedge Fund Manager Tells All in New Book
The book is being marketed as a gripping John Grisham-style tale of Wall Street.
It is true that it takes place on Wall Street, but it could only be gripping for the most wonkish of investors. And it lacks the decisive ending of even the most rudimentary thriller, financial or otherwise. But Fooling Some of the People All of the Time (Wiley) is nonfiction -- and all active investors should read it.
The book's author, hedge fund manager David Einhorn, is emerging as the public face of an industry that is, by regulation and tradition, freakishly private. Writing this book -- about a years-long investment that hasn't worked out -- just might be the most bumptious thing I've ever seen a hedge fund manager do.
Hedge Fund Legend Writes Must-Read
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