An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund
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.
An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund
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Comments on An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund
This book is awesome!!!! You will probably finish this book very quickly, because this book is very interesting and enticing.
Tim has taught me so much in this book! Tim cuts the “bullship”, and teaches you lessons you will never forget. I am only 15 and recently begun playing the stock market, and thanks to this book I have avoided many beginner mistakes.
This book is truly amazing, I would recommend buying it for anyone even if they’re not into finance! Tim has truly inspired me and he will inspire you too!
-Liam
Rating: 5 / 5
I think this book is an incredible motivation for young people looking to gain some insight into the sometimes confusing world of the stock market.
Tim has a style that is hit or miss with most people, some love him some love to hate him. I think that his stories, and more importantly his transparency provide an important lesson in risk management and discipline.
Rating: 5 / 5
Tim’s business model is simple – brutal honesty. His book, An American Hedge Fund, is just that, brutally honest. The finance industry is filled with corruption, manipulation, and arrogance of the highest degree. Tim’s brutally honest story about his trading experiences (both good and bad), illustrates his character and supports his business model.
An American Hedge Fund gives its readers the opportunity to ride Tim’s stock-market-roller-coaster-ride where he takes $12,000 and turns into $2,000,000. That by itself is both inspiring and motivational, but the book adds another dimension which I found to be even more stimulating; Tim’s introspective journey. The psychology behind trading stocks is truly fascinating and first-hand experience can be truly humbling. The life lessons Tim learns from trading stocks, which he openly shares in his book, apply to all areas of life, which the reader will either identify with or learn from.
For someone who has never traded a stock in his life (me!), this book peaked my interest to learn the stock market. An American Hedge Fund will not teach you how to trade stocks or reveal secrets on how to become a millionaire. What An American Hedge Fund does give you is an honest story of how one person, Timothy Sykes, was able to defy the odds and achieve the American Dream.
I’ve read An American Hedge Fund twice and I highly recommend this book if you have any interest in the stock market or if you’re looking for an easy read that’s entertaining and honest. An American Hedge Fund brings a spiritual enlightenment to finance, which is really cool.
I`ve also ordered Tim’s DVD (Pennystocking)and frequent his blog at [...]. I would recommend both as well. Tim’s DVD is educational and his blog is honest. The short-selling strategy will only make a strong trader better and help a novice trader become successful in the markets.
Rating: 5 / 5
The book starts of slow by introducing us to Tim’s background and history of trading during high school.
It picks up in the second half talking about Tim’s hedge fund and his attempts to raise capital and establish credibility. His stories and anecdotes regarding some of his individual stock trades are refreshing.
Worthwhile read for anyone who thinks raising money is easy and all it takes is performance.
Based on real life experiences, Tim’s book is an interesting story for anyone considering a career on Wall Street and wanting to start their own operation.
Rating: 5 / 5
A++++. This is a must read book, a true rags to riches tale. Tim documents his incredible feat of turning $13k to over $2mil, he shows that you do not have to be a rocket scientist to make it in the finance world, just a lot of determination, ambition, and persistence.
Timothy dissects the hedge fund world through his own journey on starting a hedge fund. The strict industry regulations of raising money and his poor outside investment not related to stock trading did eventually force him to close his fund. Tim gets a lot of unfair flack for it but it is a lesson to be learned and he shares it with you even if it wasn’t his finest moment.
For a guy who is only 26 years old, Tim’s journey inspires me and it will inspire you too. It is such a well written and exciting book you will not want to put it down. I didn’t. This is still only the beginning of his journey, you will undoubtedly be seeing more of him in the future.
Rating: 5 / 5