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Title: Watch out for the "investing" word in the title.
Review: As I looked backed through the praises from industry specialists on page 1 of the Book, I felt like the guys weren't totally honest about the strong feats of the Book. 200+pg could be reduced to 30 pages once you filter away repetitive ideas and comliance issues. On investing part, all i saw were those tables with returns, volatility and sharpe ratios. There were some efficient frontiers as well.If you are looking for interesting facts, useful findings on the Funds of funds industry performance, look elsewhere. If you are more or less acquainted with hedge funds and are hungry for refreshing ideas, then skip this book. If you are actually looking for a methodology to screen out a fund of funds manager, you might use it. Even then the author couldn't go further than common sense. Sorry, but this is more of booklet than a book.
