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Wealthy, powerful, and potentially dangerous, hedge-fund moguls have become the It Boys of twenty-first-century capitalism. Beating the market was long thought to be impossible, but hedge funds cracked the market's mysteries and made fortunes in the process. Drawing on his unprecedented access to the industry, esteemed financial writer Sebastian Mallaby tells the inside story of hedge funds' origins in the 1960s to their role in the financial crisis of 2007-2009. While other sectors have failed or been bailed out, the hedge-fund industry has survived the test of 2007-2009 far better than its rivals. To a surprising degree, the future of finance lies in the history of hedge funds

Hedge funds --- Investment advisors --- Geschichte 1949-2009. --- Hedge Fund. --- Hedge funds. --- Hedgefonds. --- Investment advisors. --- USA.