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Title: If Soros was a prof, Boucher was one of his 'C' students
Review: Like many books written by practitioners, "The Hedge Fund Edge" provides some insight as to how one man makes his living, warts and all. By warts, I mean specious reasoning by the author. One of the warts in this book is a misunderstanding of basic macroeconomics. For example, Boucher presents capital input growth as productivity growth. The 'models' presented in the book are vapid space filler and could have been taken from an undergraduate's class presentation. All of the models could have been summarized neatly on one page rather than several dozen. Also, there are multiple typographical errors and citation errors throughout the book.The author likely used the phrase 'hedge fund' to tap into a hot topic in order to sell more books. This book is not about hedge funds, it's about global macro trading. You can learn more about global macro trading in the preface to Soros' "Alchemy of Finance" than you'd get out of this entire book.
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