About

THE AUTHORS

KEITH McCULLOUGH, CEO, HEDGEYE RISK MANAGEMENT
Prior to founding Hedgeye Risk Management (formerly known as Research Edge), Keith built a 10-year background of managing money at The Carlyle Group’s hedge fund, Magnetar Capital, Falconhenge Partners, and Dawson-Herman Capital Management. Keith got his start as an institutional equity sales analyst at Credit Suisse First Boston after earning his Bachelor of Arts in Economics from Yale University, where he captained the Yale Varsity Hockey Team to a Division I Ivy League Championship.  Keith is also a Contributing Editor to Bloomberg Television.

RICH BLAKE
Rich Blake is a veteran New York-based financial journalist and one of the founding editors of Trader Monthly magazine which ceased publication in 2009. He currently contributes to Institutional Investor and AR magazines, as well as to Reuters and ABCNews.com. Blake, a native of Buffalo, New York who attended St. Bonaventure University (1990), has written two other nonfiction books, Talking Proud: Rediscovering the Magical Season of the 1980 Buffalo Bills (Abbington/2005) and The Day Donny Herbert Woke Up (Crown/2007), which was optioned by Warner Brothers.

THE BOOK

Diary of a Hedge Fund Manager is an insider’s view of the high stakes money management world. In a distinctly straightforward, and at times humorous narrative, Keith McCullough and Rich Blake take you on the journey of a young and successful hedge fund manager and former junior hockey player from Thunder Bay, Ontario as he gets recruited to the Ivy League, stumbles on to the nexus of the hedge fund universe, and then gets a crack at running his own pile, becoming one of the best portfolio managers on the Street.

But when the young portfolio manager finds himself working for one of the world’s most prestigious firms-helping to run their hedge fund operation right as the market is starting to crack in 2007-McCullough becomes a lonely voice of reason in an world that rewards group think and disregards the adage about past performance having no bearing on future results. When McCullough finds himself shown the door, the story takes a fascinating turn into the world of independent research and no holds barred critic.

• Shows the unvarnished truth of how Wall Street and hedge funds really operate
• Deftly details how to analyze the markets expertly and avoid group think using technical and fundamental measures
• Each topic is thoroughly discussed and followed up with lessons you can take away and put to use

Written with the authority of someone who knows how Wall Street and hedge funds work, yet accessible to even a cursory follower of finance, Diary of a Hedge Fund Manager mixes constructive critique of the investment industry while exploring fundamental lessons that any investor will find valuable.

HEDGEYE RISK MANAGEMENT

Hedgeye Risk Management is the leading real-time research firm. Focused exclusively on generating and delivering actionable investment ideas, the firm combines quantitative, bottoms-up and macro analysis with an emphasis on timing. The Hedgeye team features some of the world’s most regarded research analysts – united around a vision of independent, un-compromised real-time investment research as a service.

We measure ourselves on our core values: Transparency, Accountability, and Trust.

BROADEST RESEARCH PLATFORM

• Senior research team comprised of former buy side Portfolio Managers and Analysts
• Integrated global macro and bottoms-up company research
• Quantitative models hone in on timing to isolate alpha

RESEARCH IS OUR CORE BUSINESS

• Finding alpha and managing risk is our passion
• Our goal is to be right – not to drive activity
• Not engaged in banking or trading

REAL-TIME, REPEATABLE PROCESS

• Our real-time research is not constrained by public ratings or price targets
• As the facts change, we do
• No bureaucracy or conflicts of interest