O'Reilly logo

The Little Book of Alternative Investments: Reaping Rewards by Daring to be Different by Phil DeMuth, Ben Stein

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Contents

Introduction

Chapter 1 : Everything You Know Is Wrong

Addicted to Stocks

Bye Bye Miss Portfolio Pie

Chapter 2 : Efficient Market Theory and Its Discontents

Exploiting Market Anomalies for Fun and Profit

Capture that Anomaly!

Bonds

A Risk-Balanced Bond Portfolio

All Together Now

Chapter 3 : Collectibles as Investments

Love and Pleasure

Buying and Selling

How Not to Make Money

Chapter 4 : More Alternatives We Don’t Love

Private Equity

“Buy/Write” Funds

Structured Products

130/30 Funds

Gold

Chapter 5 : Conventional Alternatives I: Commodities

Back to the Futures Market

How Do Investors Use Futures Markets?

So What?

Do Commodities Add Value to a Portfolio?

How Do We Invest in It?

Chapter 6 : Conventional Alternatives II: Real Estate

How Do Investors Use REITs?

How Do REITs Work?

Do REITs Add Value to a Portfolio?

How Do We Invest in It?

Chapter 7 : The Ultimate Alternative Investments

Say Whaa . . . ?

Exploiting Market Anomalies

Illusion versus Reality

It Gets Worse

Chapter 8 : So Why Invest in Hedge Funds?

Final Answer

Hedge Funds Meet Mutual Funds

Master Beta

Chapter 9 : A Field Guide to Hedge Funds, Part One

#1. Long/Short Equity

#2. Market Neutral Equity Funds

#3. Dedicated Short Bias

#4. Global Macro

#5. Managed Futures

Chapter 10 : A Field Guide to Hedge Funds, Part Deux

#6. Convertible Arbitrage

#7. Fixed-Income Arbitrage

#8. Event-Driven

#9. Emerging Markets

#10. Multi-Strategy

How They Stack Up

Chapter 11 : One-Fund Solutions

Hedge Fund Replicants

Fun, Fun, Funds ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required