The ultimate behind-the-curtain look at the hedge fund industry, unlocking the most valuable stories, secrets, and lessons directly from those who have played the game best. Written by Maneet Ahuja, the hedge fund industry insider, The Alpha Masters brings the secretive world of hedge funds into the light of day for the first time. As the authority that the biggest names in the business, including John Paulson, David Tepper, and Bill Ackman, go to before breaking major news, Ahuja has access to the innermost workings of the hedge fund industry. For the first time, in Alpha Masters, Ahuja provides both institutional and savvy private investors with tangible, analytical insight into the psychology of the trade, the strategies and investment criteria serious money managers use to determine and evaluate their positions, and special guidance on how the reader can replicate this success themselves. There are few people with access to the inner chambers of the hedge fund industry, and as a result it remains practically uncharted financial territory. Alpha Masters changes all that, shedding light on star fund managers and how exactly they consistently outperform the market. The book: Contains easy-to-follow chapters that are broken down by strategy--Long/Short, Event Arbitrage, Value, Macro, Distressed, Quantitative, Commodities, Activist, pure Short, Fund of Funds. - Includes insights from the biggest names in the trading game, including Ray Dalio, Marc Lasry, Jim Chanos, Sonia Gardner, Pierre Lagrange, and Tim Wong. - Features contributions from industry icon Mohamed El-Erian Many of the subjects profiled in this groundbreaking new book have never spoken so candidly about their field, providing extremely provocative, newsworthy analysis of today's investing landscape. The ultimate behind-the-scenes look at the hedge fund industry, The Alpha Masters: Unlocking the Genius of the World's Top Hedge Funds offers an unprecedented glimpse into the strategies and investment criteria serious money managers use to determine and evaluate their positions and maximize their hedge fund profits, in their own words. Author and CNBC hedge fund specialist Maneet Ahuja has unrivalled access to the masters of the market, and in this game-changing new book, she takes their stories public for the first time. Bringing the secretive world of hedge funds out into the light of day, the book includes interviews with star fund managers: Ray Dalio, Bridgewater Associates - Pierre LaGrange and Tim Wong, Man Group / AHL - John Paulson, Paulson & Co. - Marc Lasry and Sonia Gardner, Avenue Capital Group - David Tepper, Appaloosa Management - William A. Ackman, Pershing Square Capital Management - Daniel Loeb, Third Point - James Chanos, Kynikos Associates - Boaz Weinstein, Saba Capital Management Experts at outperforming the market, many of these industry luminaries have never talked as candidly about their experiences—and the lessons they've learned—as they do in these pages. Ahuja's unparalleled insider access allows her to bring the remarkable stories of these eleven incredibly successful individuals vividly to life as no one else can. Accessible and insightful, The Alpha Masters gets to the very heart of what makes these men and women so profitable. Packed with unique insights into the psychology of the hedge fund trade that are sure to help readers replicate the successes of the managers profiled here for themselves, the book is a provocative analysis of today's investing landscape. Essential reading for business and investment readers of all backgrounds, The Alpha Masters is a true tell-all about life in the innermost chambers of the world of hedge funds, from a reporter on the front lines. Praise for The Alpha Masters "This is one of the very few books I know of that crawls inside the minds of today's most brilliant investors to get the play-by-play of their best (and sometimes worst) investments. You feel as though you are sitting across from the likes of John Paulson and David Tepper as they share their most sought-after techniques and analysis. This book will pay for itself and then some for those who are smart enough to pick it up." —Nouriel Roubini, cofounder and Chairman, Roubini Global Economics, Professor of Economics, NYU Stern School of Business "Maneet Ahuja knows well the stars of the hedge fund universe. She has written a really very interesting book that provides insights into the industry, its rapid evolution, and its adaptability to a constantly shifting investment landscape. But, most of all, she introduces us to its fascinating leaders, in depth. From their backgrounds, values, and modes of thought, she gives us insight into what it takes to be successful in this most demanding profession." —Michael Spence, 2001 Nobel Laureate in Economics, former dean of Stanford Business Schoo l "Hedge funds carry a range of connotations for investors, both good and bad. Maneet's demystification of this increasingly