The Invisible Hands: Top Hedge Fund Traders on Bubbles, Crashes, and Real Money, Revised and Updated

Acknowledgments

This book would have not been possible without the help of my partner in crime, wordsmith extraordinaire, editorial genius, and cocreator, John Bonaccolta. John was instrumental in both Inside the House of Money and The Invisible Hands, and for that I am forever indebted. Working together dulled the pain of writing by not only having someone to collaborate with on words, but also having someone to take much needed surf breaks with. Indeed, much of the strategic vision for this book was conceived between sets.

The project remains, nevertheless, a collaborative effort. Lawrence Loughlin provided macro insights and important firsthand knowledge of the real money world from his time at Cambridge Associates and GAM, and Tyler Hathaway provided detailed research, data, tables, and all-around support that made this book much stronger.

Jim Leitner deserves special thanks for providing the inspiration for this book through his concept of seeking to blend the best of real money with the best of hedge fund investing, which he discussed in Inside the House of Money. More importantly, Jim has been a good friend and mentor, with whom I have spent countless hours discussing global markets, always walking away smarter for it.

Although Jim was the inspiration for the book, I owe part of the idea to Peter Jepsen, who, over drinks in New York, asked for another book saying: “I don't care who the managers are, I just want the ideas; I would read it if they were all anonymous.” A light ...