An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund (Paperback)

~ (Author)
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Editorial Reviews

Review

"A clearly-written account of a natural trader coming of age, a Catcher in the Rye for traders. Highly recommended if you want to be or understand a trader." -- Aaron C. Brown, Executive Director at Morgan Stanley, Author of The Poker Face of Wall Street

"Sykes proves that in addition to his extraordinary gift as an entrepreneur he is also a very fine writer, able to communicate his dream and his reality with a forceful, compelling style that will find an audience among those who wish to understand the seeming conundrum of the Stock Market." -- Grady Harp, Amazon Top 7 Reviewer

"The most realistic portrayal of the risks, rewards, joys, frustrations, exhilarations and the depths of a trader's life since Reminiscences of a Stock Operator." -- Craig L Howe, Faulkner and me, Amazon Top 500 Reviewer

"This is the first book I'd give to somebody if I were trying to interest them in the stock market..." -- Greg Feirman, Founder and CEO, Top Gun Financial Planning

"Tim lays it on the line. The pain, the hunger, the glory, the brutality of trading in the trenches. Read this before you try to turn $12,000 into $2,000,000." -- James Altucher, President, Stockpickr LLC, Formula Capital, and Author of Trade Like a Hedge Fund and SuperCa$h

There's certainly a dash of Holden Caulfield to Sykes, but there's at least an equal part Larry Livingston, the trader in Edwin LeFevre's classic Reminiscences of a Stock Operator. -- Dow Jones Newswire

Product Description

$2 trillion is invested in the hedge fund industry, and yet, due to industry regulations, the general public knows little about them. This book will change everything. Timothy turned $12,000 of Bar Mitzvah gift money into $1.65 million trading thousands of stocks from 1999-2002, managed the #1 Short Bias Hedge Fund from 2003-2006, starred in the television documentary Wall Street Warriors, and appeared regularly on CNBC all before the age of 26. It's been a wild ride. This 'Rocky'-like story is the first realistic look at the world of stock trading and hedge funds--it will educate and inspire everyone.

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Product Details

• Paperback: 235 pages
• Publisher: BullShip Press (September 24, 2007)
• Language: English
• ISBN-10: 0979549701
• ISBN-13: 978-0979549700
• Product Dimensions: 8.9 x 5.9 x 0.8 inches
• Shipping Weight: 14.1 ounces (View shipping rates and policies)
• Average Customer Review: 4.1 out of 5 stars  See all reviews (75 customer reviews)
• Amazon.com Sales Rank: #78,262 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

206 of 216 people found the following review helpful:

1.0 out of 5 stars One of the worst Investment books I have read, November 25, 2007

By	Bob "Bob" (Atlanta, Ga) - See all my reviews

I really do not like giving negative comments, but after reading the book and having been an active trader for over 6 years, I KNOW this book will not help anyone in their trading or yearning for insight or knowledge. I do not believe Tim is a very good trader, but was able to take advantage of a special time in history to accumalate great returns. He tries to argue that its the regulations of the hedge fund industry that hindered his ability to raise funds and hence limit his success. After getting stuck in a very bad Investment (not trade)his limited capital prevented him from taking advantage of other trades.........Well that was the blessing.

223 of 235 people found the following review helpful:

1.0 out of 5 stars Bored me to sleep, September 17, 2007

By	Robert Cedeville (San Diego) - See all my reviews

I'm appalled to see that my first review of this book was deleted! I hope that doesn't happen again. I bought Tim Sykes book hoping for an inspiring tale of excitement and financial success, and I was very disappointed. To me, it was just another story of someone who made money during the bubble, only to lose much of it back recently. The person then turns to writing under the guise "learn from my mistakes".
To me, it's a very old story.
[..]

208 of 219 people found the following review helpful:

1.0 out of 5 stars Worst "Book" I Have Ever Read, November 22, 2007

By	Trying to be helpful (New York, NY) - See all my reviews

I have been in the investment management business over 10 years now and have read a lot of very good books about the industry, its players, and how to be a better trader. I thought I might learn something interesting by reading this book. I was so wrong. It is poorly written and contains nothing of any interest or value. I cannot believe I wasted the time and money. I promise you will never read a worse book in your life. It should be used as a case study on narcissism in any psychology class and then as kindling for the holiday fire.