In the hedge fund industry, you spend a lot of time on the phone and in meetings with investors and industry peers, so you absolutely need all the hedge fund magazines and other publications you can get your hands on to ensure your success. Your days run long, and you wake up early every morning, and that's when you catch up and prepare for the upcoming day via hedge fund journals, newsletters and other publications.

Publications on hedge funds provide you with the facts, figures, trends and analysis you and your investors rely on. As you search for the publications that'll help you most, consider the following sources:

1. Buy books on hedge funds to build on your existing foundation of industry history, legendary investors and other pertinent topics.

2. Subscribe to magazines about hedge funds for current information.

3. Take advantage of other hedge fund publications when you need specific information.

Action Steps
The best contacts and resources to help you get it done

Purchase books about hedge funds to broaden your horizons

You may not find time during the day, but keep hedge fund books on your nightstand for when you can't sleep to create a win-win situation; either they'll put you back to sleep, or you'll gain a wealth of information to help you make even smarter investment decisions.

I recommend: Get Hedge Fund of Funds Investing: An Investor's Guide by Joseph Nicholas. Published in 2004, the book's author aims his book squarely at those who aggressively study how the very rich get richer and those who work to protect institutional and private assets. Read Hedge Hunters: Hedge Fund Masters on the Rewards, the Risk and the Reckoning. In the 2007 hardcover book Bloomberg News reporter Katherine Burton profiles 23 top hedge fund managers and discusses the business of hedge funds. For a hedge fund book dealing with risk fundamentals, purchase Hedge Fund Risk Fundamentals: Solving the Risk Management and Transparency Challenge by Richard Horwitz. Horwitz, a director of risk management for an investment management firm, spells out key components and cutting-edge processes in the hedge fund risk field and then offers a new method for risk management in the 2007 paperback book.

Add a new hedge fund magazine to the list of resources at your fingertips

You'll find informative and valuable articles on hedge funds in magazines online. Many of these resources offer free trials, so take advantage of the opportunity to evaluate several publications.

I recommend: Sign up for a free trial of HFMWeek, a magazine for the international hedge fund community. The magazine originated in 2002 and provides news and cutting-edge features covering all aspects of operating a successful hedge fund. Bookmark Risk, the online complement to the print version. Risk initially launched in 1987 and provides its readers with news, features, special reports and topical supplements about all aspects of risk management. Save Alpha online magazine as one of your favorites and then consider a print subscription to the leading hedge fund publication. Its hedge fund articles speak directly to fund managers, investors, service providers and regulators.

Explore other hedge fund publications for quick answers and in-depth reports

Use a hedge fund journal, report or financial newspaper when you need detailed information on specific topics.

I recommend: Invest in the HedgeFundFlow Report from BarclayHedge. TrimTabs Investment Research generates the report 12 times a year using the most current data on 5,747 hedge funds. Consider a subscription to the Journal of Alternative Investments for cutting-edge research and expert analysis on managing hedge funds and other non-traditional instruments. The journal provides the tools needed to profit from hedge fund growth and measure and track portfolio performance. Go to the Hedge Fund Association website and link to the hedge fund article that interests you. Either subscribe to or bookmark The Wall Street Journal, a daily staple for any investor.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Create a new folder titled Online Publications on Hedge Funds and place it on your desktop. You can place several of the titles from this guide in the folder for immediate and easy access.