The little book of hedge funds: what you need to know about hedge funds but the managers won't tell you

Introduction: goin' through changes

What is a hedge fund?: the traditional long-only portfolio versus the alternative hedge fund portfolio

The parlor cars of the gravy train: the long and the short of it

Accessing the inaccessible: from the elite to main street

Heads we win, tails you lose: eating your own cooking while enduring symmetrical glories and punishments

The alpha game: in search of El Dorado

Ironing out inefficiencies: exploiting the efficient market theory

A balancing act: outperforming the market while taking less risk

Private parts: inside the wild, booming world of private equity (and more)

If you can't beat 'em, join 'em: hedge fund manager selection and due diligence

The men behind the curtains: fund of hedge funds

From Wall Street to Park Avenue: setting up shop at the hedge fund hotel

Conclusion: the shape of things to come

Appendix: due diligence questionnaire