Barton Biggs was a Wall Street legend, trusted by investors around the globe. Now, in his last book, Biggs offers savvy insights into the innermost workings of the markets today and for the years to come. Packed with keen insights, global experiences, and opinionated stances on investing, Diary of a Hedgehog: Biggs’ Final Words on the Markets explores the ongoing downward economic spiral and where it's headed, to help readers keep their money safe and secure.
Offering a unique look at the current state of the markets, why they continue to be depressed, and where we can go from here, Diary of a Hedgehog: Biggs’ Final Words on the Markets is the ultimate guide to how investors - and the general public - should be handling their finances.
Insightful and creative, Diary of a Hedgehog: Biggs’ Final Words on the Markets is the ultimate resource for anyone who wants to understand what's up with the market, where it's headed, and how to respond.
I like the coverage of a few recent years month by month in the mind of a nimble-thinking fund manager, "thinking aloud." I could compare his real-time thoughts to the actual market and other events of the time, with the ability to benchmark him (alongside my own remembered thoughts and investment calls) against the way things actually turned out. His thinking is peppered with useful little phrases and concepts that doubtless will find their place in my thinking. Too many first-person books are so heavily edited after the fact that we miss the flawed, oh-so-humanly-imperfect (if well spoken) thinking process (of any person trying to guess the future) in all its glory. Mr Biggs was consistently very hedging in his thinking and remarks, and his commitments of funds, so there is no earth-shaking oracular proclamation or "killing" made here (as in the darts thrown at boards, and sheer noise-trading luck, a less tutored investor might wish to hear and be thrilled by). It is more the deliberations of a prudent man and fiduciary, concerned with intelligently balancing a portfolio of his own and other peoples' money in the face of uncertainties we can well remember. I don't feel so dumb after reading this (compared to whatever I may have held of an internal fake image of the world-beating fund manager). His was a wise voice and I regret his passing.
3 of 3 people found this review helpful
Up and down, up and down, with little emotion. Kills the story. Despite that, a detailed insight into at the moment investment thinking of a hedge fund manager with a deep macro understanding