1. How to Create and Manage a Hedge Fund: A Professional's Guide by Stuart McCrary.
Stuart McCrary's book, published a year ago, is one of the clearest written and most complete guides to the issues associated with starting and running a hedge fund. McCrary has drawn from his own experience in the securities and derivatives markets in order to write this encyclopedia for hedge fund managers and advisors.
He tackles everything from the mundane - including a particularly useful section on regulations and accounting - to the complex like investment techniques and risk management. The result is an articulate