Title: A waste of time..and money
Product review: How can a risk manager in a hedge fund know so little about risk management? This book is the most simplistic -in the negative sense of the term- risk management book i have ever come accross. Unless you don't even know the most basic theories of risk management, do not waste you time reading this book. The most innovatice and only technical insight in this book is : 1 + 1 = 1.41, said differently: "don't put your eggs in the same basket". My grandma knew it already...and she died before hedge funds existed.As for the transparency issue, no solutions are offered...just questions with no critical approach.
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