"Ben and Phil have done it again. Another lucid, insightful book, designed to enhance your wealth! In today′s stock–addled cult of equities, there is a gaping hole in most investors′ portfolios...the whole panoply of alternative investments that can simultaneously help us cut our risk, better hedge our inflation risk, and boost our return. This Little Book is filled with big ideas on how to make these markets and strategies a treasured part of our investing toolkit."
Robert Arnott, Chairman, Research Affiliates
"I have been reading Ben Stein for thirty–five years and Phil DeMuth since he joined up with Ben ten years ago. They do solid work, and this latest is no exception."
Jim Rogers, author of A Gift to My Children
"If anyone can make hedge funds sexy, Stein and DeMuth can, and they′ve done it with style in this engaging, instructive, and tasteful how–to guide for investing in alternatives. But you should read this Kama Sutra of investment manuals not just for the thrills, but also to learn how to avoid the hazards of promiscuous and unprotected investing."
Andrew Lo, Professor and Director, MIT Laboratory for Financial Engineering
Chapter One: Everything You Know Is Wrong: Classify Your Investments the Alternative Way.
Chapter Two: Efficient Market Theory and Its Discontents: Out with the Old, In with the New Overhauling the 60/40 Portfolio.
Chapter Three: Collectibles as Investments: Beauty in the Eye of the Marketplace.
Chapter Four: More Alternatives We Don′t Love: The Elephant′s Graveyard of Financial Products.
Chapter Five: Conventional Alternatives I Commodities: To Make a Killing, Take Out a Contract.
Chapter Six: Conventional Alternatives II Real Estate: In Real Estate We Trust.
Chapter Seven: The Ultimate Alternative Investments: Hedge Fundamentals.
Chapter Eight: So Why Invest in Hedge Funds?: Okay, We Lied.
Chapter Nine: A Field Guide to Hedge Funds, Part One: The Long and the Short of It.
Chapter Ten: A Field Guide to Hedge Funds, Part Deux: Arbitrage, et al.
Chapter Eleven: One– Fund Solutions: Destroy All Replicants or Not?
Chapter Twelve: Hedge Funds Pigs in Mutual Fund Blankets: The Mutual Fund Beauty Pageant Begins.
Chapter Thirteen: Adding Alternative Investments to Your Portfolio: Finding Your Portfolio′s G–Spot.
Conclusion: Quest into the Unknown.
About the Authors.