Create Your Own ETF Hedge Fund: A Do-It-Yourself ETF Strategy for Private Wealth Management: 412 (Wiley Finance) - Hardcover

Fry, David

Hardcover

ISBN 10: 0470138955 ISBN 13: 9780470138953

Publisher: Wiley, 2008

Synopsis

Many investors are intrigued by the profit potential of today’s hedge funds, but most feel like they’re on the outside looking in, due to the high investment requirements and complexity of these vehicles. Create Your Own ETF Hedge Fund allows you to break down these barriers and effectively operate within this environment. By focusing on the essential approaches of global macro long/short and aggressive growth, this book will help you create a fund that can take advantage of both bullish and bearish conditions across the globe.

About this title

About the Author

David H. Fry is founder of ETF Digest, a leading newsletter web site (www.etfdigest.com) for active traders and investors involved with ETFs. He founded ETF Digest in 2001 and was among the very first to see the need for a pulication that provided extensive information and advice on ETF investing. Fry has devoted over thirty years to the business of trading and portfolio management. His registration as an arbitrator with both the National Association of Securities Dealers(NASD) and the National Futures Association (NFA) attests to his extensive experience and spotless compliance record.

From the Back Cover

Create Your Own ETF Hedge Fund

"As a psychologist, I find this book and the ETF Digest web site to do an excellent job of helping us separate our emotional reactions to the market from our more cognitive ones. As humans, we always emotionally want to gain more resources, but are constantly afraid we are about to lose everything. Dave Fry helps to balance these two points of view so we can move forward. In his book, Dave shows us how to think like a hedge fund manager and to understand risk and evaluate rewards. In comparison to many market 'gurus' who keep wanting the market to follow their views, Dave Fry turns to reality by having us focus on the market to organize our responses. Balancing the realities of both human instincts and the markets, we come to see ways of using ETFs and cash in a variety of circumstances. Learning from his experiences helps even sophisticated investors create a valuable roadmap for their future."
William J. Ray, Professor of Psychology, Penn State University

"Dave cuts through some of the financial markets' most deep-seated canards to provide the do-it-yourself investor with strategies and ideas for staying ahead of the game. And he suggests some important questions that other investors should be asking their professional advisors about how they're handling their assets."
Greg Newton, former president of MARHedge Fund Newsletter and current Publisher of NakedShorts

"Dave Fry extolled the benefits of exchange-traded funds before much of the rest of the world caught up with him. Now, in Create Your Own ETF Hedge Fund, Dave shows investors how to use the wide variety of ETFs now available to pursue sophisticated strategies that used to be available to only a select few."
Michael Sapir, CEO, ProShares

From the Inside Flap

Individual investors who want to break away from conventional financial plans often find it hard to make this change, even when it's clear that their current course of action is outdated, inflexible, and costly.

Author David Fry is extremely familiar with this situation. He has devoted over thirty-five years to the business of trading and portfolio management and, as founder of ETF Digest, has been at the forefront of major investment trends. Fry knows what it takes to make it as a successful investor, and now, with Create Your Own ETF Hedge Fund he'll show you how.

Many investors are intrigued by the profit potential of today's hedge funds, but most feel like they're on the outside looking in due to the high investment requirements and complexity of these vehicles. Create Your Own ETF Hedge Fund will allow you to break down these barriers and effectively operate within this environment by:

• Demystifying hedge funds and explaining why they're so popular

• Detailing the number and type of current, new, and proposed ETFs, which can enhance your investment returns

• Outlining real portfolio construction techniques, which are easy to understand and implement

• And much more

Unlike other hedge fund resources, however, this book doesn't discuss riskier exotic strategies. Instead, it focuses on essential approaches global macro long/short and aggressive growth that will help you take advantage of both bullish and bearish conditions across the globe. There is no leverage required, only a desire and willingness to put a plan of action together and, if necessary, find the help you need to put it to work.

Divided into three comprehensive parts, Create Your Own ETF Hedge Fund is an excellent way to get involved in this dynamic field. If you're interested in innovative investment concepts, this book will allow you to develop flexible strategies that suit your specific goals and personality.

Structuring your own hedge fund using ETFs has never been easier, and the longer you wait to do so, the further you'll be left behind. Filled with in-depth insights and expert advice, Create Your Own ETF Hedge Fund, is the ideal guide for those looking to invest for success.

Edition details

• Publisher: Wiley
• Publication date: 2008
• Language: English
• ISBN 10: 0470138955
• ISBN 13: 9780470138953
• Binding: Hardcover
• Edition number: 1
• Number of pages: 352