Table of Contents
Foreword by Niall Ferguson ix
Preface xi
Preface to the 2009 Edition xv
Preface to the 2006 Edition xvii
1. Introduction to Global Macro Hedge Funds:Joseph G. Nicholas (HFR Group) 1
2. The History of Global Macro Hedge Funds 5
3. The Future of Global Macro Hedge Funds 31
4. The Family Offi ce Manager: Jim Leitner (Falcon Management) 35
5. The Prop Trader: Christian Siva-Jothy (SemperMacro) 85
6. The Treasurer: Dr. John Porter (Barclays Capital) 117
7. The Central Banker: Dr. Sushil Wadhwani (Wadhwani Asset Management) 145
8. The Dot-Commer: Peter Thiel (Clarium Capital) 165
9. The Floor Trader: Yra Harris (Praxis Trading) 183
10. The Pioneer: Jim Rogers 201
11. The Commodity Specialist: Dwight Anderson (Ospraie Management) 225
12. The Stock Operator: Scott Bessent (Bessent Capital) 253
13. The Emerging Market Specialist: Marko Dimitrijevic´ (Everest Capital) 273
14. The Fixed Income Specialists: David Gorton and Rob Standing (London Diversifi ed Fund Management) 293
15. The Currency Specialist: Anonymous 309
Conclusion 325
Appendix: A Note to Investors about Global Macro 327
Acknowledgments 329
Bibliography 331
Index 335