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Monday, September 10, 2007

Book Reviews

I read more books on trading then is probably healthy, sometimes more then once. I'll post reviews of the books I read and you can make the decision to purchase from there:





This is a decent, quick read if your looking for some interesting new hedge fund strategies. I say hedge fund strategies because it delves into more niche products such as PIPE's, Credit Card debits, Sub-Prime lending, etc. Not exactly for retail investors but interesting nonetheless.

There are some specific trading strategies based on QQQQ gaps, Closed End Arbitrage, and some calendar effects which would likely be worth the price of the book itself.

I really enjoyed his honest and open writing style. He explains strategies in a simple and straightforward method. I especially liked his discussion on starting a hedge fund, although the guy who can't live off $600,000 a year is pretty pathetic IMHO, I do take a lot of enjoyment knowing that he is a Wall Street outsider [internet start-ups before investing career] and still successful. He does talk briefly about the advantages of a trading pedigree when it comes to raising capital but it can be done nonetheless.

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