"Mr. Kessler has written an entertaining business book, in which it is more than possible to learn something. That is a rare combination."
--New York Times
"Like a summer blockbuster film, you will enjoy the time if you go into the book knowing what you are getting into. This is not a how-to guide to running a hedge fund, it is a description of a rollicking ride through a crazy time lived well."
--Financial Times
Running Money is an insider’S tale. Through witty and whacky stories, Andy Kessler takes the reader on a tour of big-stakes investing, a bizarre trail of startup companies, anonymous investors and the occasional Elvis impersonator.
Spending almost twenty years on Wall Street as an analyst, investment banker and venture capitalist, he decided to start a hedge fund of his own. Discovering his own "tricks of the trade,"he generated vast wealth with an average annual return of 55% on his fund, which makes him a top-ranking professional investor.
Ssangyong Sweat
Part I Raising Funds
Part II Revolution
Part III Searching for Scale
Part IV Intellectual Property
Part V The Next Barrier
Part VI Burst
Part VII The Margin Surplus
Part VIII Epilogue
Acknowledgments
Index