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This book is hugely entertaining. Timothy's story is interesting, honest and well told. The problem with this book is that it misses the authors purpose and goal. You will learn about a few trading techniques but the book is not detailed enough to help you really understand the concepts of these trading tactics and sadly you will not learn what exactly a Hedge Fund is. Recommended if you have a little background knowledge.
6 of 7 people found this review helpful
No details just a book about his life. which in my opinion should have been the title.
1 of 1 people found this review helpful
This is the second finance book I’ve read after Rich Dad Poor Dad. A great insight into the reality of trading and I was equally inspired by learning from Tim’s mistakes as from his successes.
Thanks Tim, for sharing your journey...the rough and the smooth.
Alan C. Eddy
There is a lot of interesting insights into how the hedge fund business works in here, (or at least how it worked ten years ago), but there's also an awful lot of self-mythologizing that makes one wonder if Sykes is ultimately more interested in being well known than he is in trading, or running a fund. Having finished the book, I'm still not sure I know how best to acquire investors for a fund.
I don't want to seem too harsh - there is a lot good material in here for finance buffs. But there's also a lot of talk about wild parties he attended, TV shows he was on, and how he was a legend in his college dorm. Stories like how he bullied his roommate into moving out so he could have more space, which leave one wondering if it's a coincidence that the "passion for public education about finance" he cites as the reason he wrote this book, might have been discovered only after his fund failed to take off.
Still worth a listen if you're interested in the field.