An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund

A True Rag's to Riches Tale...

This is a true rags to riches tale about a young Tim Sykes' amazing feat of turning $13k into over $2 million, while proving that you don't have to be a rocket scientist to be successful in the world of finance. What you do need is a great deal of determination, ambition, and persistence.

Tim dissects the hedge fund world by retelling his journey on starting his own hedge fund, including the strict industry regulations of raising money and his less than stellar outside investments unrelated to the markets, which eventually forced him to close his fund. While Tim does take a lot of flack for it all, it's a lesson to be learned and we should appreciate that he was willing to share it with us.

Trust Score

7.1

User’s Review Ratings

Overall

Entertaining and Educational

You did a great job with this book tim, and im so glad to hear the story of why you published it yourself... you are truly an inspriration to people like me getting started. I enjoyed learning about opening a hedge fund and some of the pitfalls along the way... keep up the great work!

Trust Score

1.3

User’s Review Ratings

Overall

Great Read

Again, another book without much in substance but a book about how to trade properly by cutting losers and holding winners. Just wonder how Timothy did in 2008? Would love to know the rest of the story.

Trust Score

1.0

User’s Review Ratings

Overall

A very entertaining read about the day trading world

I think Tim is a super entertaining guy to read. The insight is mindblowing, although you won´t see any real trading education in the book, other than cut your losses early.

Trust Score

1.0

User’s Review Ratings

Overall

Entertainingly delightful

An entertaining read, more focused on autobiographical experience rather than trading tactics, but the book aims to teach from experience. Great and funny.

Trust Score

2.1

User’s Review Ratings

Overall

Great incite into the ups and downs of trading

This was the first stock market related book I read. Read Rich Dad Poor Dad (Highly recommend) and that renewed my interest in the stock market. Won a stock market contest in high school and always thought it'd be something I could be good at but didn't know where to start and let that fade away. Twelve years later came across a guy named Timothy Sykes. As a firm believer of anything that sounds too good to be true usually is and after having quite a bad/useless experience with Investools I was skeptical. I figured the first place I'd start before I did anything was to read his book.

Not many books do I finish in a week, let alone a couple days, but this was one of those. A surely entertaining read. Not so much educational but definitely helped me get a better understanding of this Tim Sykes guy. The time he took his whole dorm out to dinner after a very successful trade and setting up a scholarship helped to show he wasn't just another scam artist looking to take peoples money. Another example is his new How To Make Millions DVD which ALL the profits go to charity. With as much success as he's had he's obviously going to have haters but before you jump on that bandwagon put down the hateraide and pick up this book (after I bought it realized he has it posted for free online) and see that Tim is not just another scam artist.

Trust Score

3.2

User’s Review Ratings

Overall

A great book for anyone interested in the stock market.

I thought it was a great book. I loved the story, it encouraged me to take risk but learn from the people that have made mistakes before me. If you are interested in the stock market I suggest you read this book.

Trust Score

1.0

User’s Review Ratings

Overall

Great read

I recently read this book and really enjoyed it. The book keeps you on the edge of your seat as you try to figure out what Tim did next. It was really great to get a better idea of where Tim came from and to learn a bit more about hedge funds.

Trust Score

1.5

User’s Review Ratings

Overall

Good entry-level into the experience

This is the first book that I read about someone putting out their story "from rags to riches" so to say. The book really provides a good insight on importance of disciplined trading and overall being more aware of what you're doing. The storytelling was pretty entertaining too, a unique example of how Tim Sykes started the road to be the man he is now.

Trust Score

1.0

User’s Review Ratings

Overall

Good motivation

Entertaining book, interesting subject, a pleasure to read.

Trust Score

4.0

User’s Review Ratings

Overall