What Hedge Funds Really Do by Philip J Romero, Paperback | Indigo Chapters

When I managed a hedge fund in the late 1990s, computer-basedtrading was a mysterious technique only available to thelargest hedge funds and institutional trading desks. We've comea long way since then. With this book, Drs. Romero and Balch liftthe veil from many of these once-opaque concepts in high-techfinance. We can all benefit from learning how the cooperationbetween wetware and software creates fitter models. This bookdoes a fantastic job describing how the latest advances in financialmodeling and data science help today's portfolio managerssolve these greater riddles. -Michael Himmel, ManagingPartner, Essex Asset ManagementI applaud Phil Romero's willingness to write about the hedgefund world, an industry that is very private, often flamboyant, and easily misunderstood. As with every sector of the investmentlandscape, the hedge fund industry varies dramaticallyfrom quantitative \"black box\" technology, to fundamental researchand old-fashioned stock picking. This book helps investorsdistinguish between these diverse opposites and understandtheir place in the new evolving world of finance. -Mick Elfers, Founder and Chief Investment Strategist, Irvington Capital | What Hedge Funds Really Do by Philip J Romero, Paperback | Indigo Chapters