Long-Short Equity

Paired long and short books run for stock selection rather than market direction; the largest single hedge fund category.

11 books · 5 people behind it

Start here

  1. More Money Than GodSebastian Mallaby, 2010
  2. Hedge Fund Market WizardsJack D. Schwager, 2012
  3. Efficiently InefficientLasse Heje Pedersen, 2015

The people behind it 5

Each person holds a book in this entry or names it in their own tags.

Investors 2

JD
Jack D. Schwager1 book here
BB
Barton Biggs1 book here

Journalists 3

JD
Jack D. Schwager1 book here
SM
Sebastian Mallaby1 book here
BB
Barton Biggs1 book here

Books 11

Sebastian Mallaby · 2010 · Includes A. W. Jones, who invented the structure in 1949.
Jack D. Schwager · 2012 · Interviews on the mechanics of running both sides of a book.
Lasse Heje Pedersen · 2015 · Academic treatment of the strategies hedge funds actually run.
Roy R. Neuberger · 1997 · Memoir of a hedged-equity pioneer's seven decades on Wall Street
Daniel A. Strachman · 2004 · Tiger Management, the firm that set the long-short template.
Andy Kessler · 2004 · Manager's memoir of running a technology long-short book through a bubble.
Barton Biggs · 2006 · Anecdotal, funny, honest about the psychology of running a short book.
Maneet Ahuja · 2012 · Profiles of the managers who ran the strategy at scale after 2008.