A HEDGE FUND TALE of Reach and Grasp
"Ah, but a man's reach should exceed his grasp, or what's a Heaven for?"
—Robert Browning
A Hedge Fund Tale of Reach and Grasp is a is the account of the rise to power and fall from grace of hedge fund manager Joe Hill. Written by Barton Biggs, the tale is embedded in the actual events and stock market history of our era.The story is pure fiction, but the ebb and flow of the markets is made vivid by charts and figures. There is nothing fictional about the bull market, the speculation, the bear raids, and the collapse that followed. A Hedge Fund Tale of Reach and Grasp also tells of the stress, the odd relationships, and often bizarre personalities in a large investment management firm. It is about greed, ostentation, success, and how the participants in the bubble leveraged their lives and careers, as well as the price they paid, which many are still paying.