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Market Neutral: State-of-the-Art Strategies for Every Market Environment goes beyond the recent hyperbole and drama to present insightful, reasonable, and well-researched articles on this valuable and necessary tool. Far from being new and unproven, the market-neutral investing structure has been around in one form or another for at least half of a century. From its use as the cornerstone of the A.W. Jones 1949 investment partnership, considered the first hedge fund by investment historians, through the critical 1995 IRS ruling that long/short investing does not create unrelated business…
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1 edition- Hardcover · English · 1996McGraw-Hill Companies · 224 pages · 9780786307333
Investment analysisSpeculation