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Create Your Own ETF Hedge Fund
A Do-It-Yourself ETF Strategy for Private Wealth Management
Individual investors who want to break away from conventional financial plans often find it hard to make this change, even when it's clear that their current course of action is outdated, inflexible, and costly.
David Fry is extremely familiar with this situation. He has devoted over thirty-five years to the business of trading and portfolio management and, as founder of ETF Digest, has been at the forefront of major investment trends. Fry knows what it takes to make it as a successful investor, and now, with Create Your Own ETF Hedge Fund he'll show you how.
Many investors are intrigued by the profit potential of today's hedge funds, but most feel like they're on the outside looking in-due to the high investment requirements and complexity of these vehicles. Create Your Own ETF Hedge Fund will allow you to break down these barriers and effectively operate within this environment by:
- Demystifying hedge funds and explaining why they're so popular
- Detailing the number and type of current, new, and proposed ETFs, which can enhance your investment returns
- Outlining real portfolio construction techniques, which are easy to understand and implement
- And much more
Unlike other hedge fund resources, however, this book doesn't discuss riskier exotic strategies. Instead, it focuses on essential approaches - global macro long/short and aggressive growth - that will help you take advantage of both bullish and bearish conditions across the globe. There is no leverage required, only a desire and willingness to put a plan of action together and, if necessary, find the help you need to put it to work.
Divided into three comprehensive parts, Create Your Own ETF Hedge Fund is an excellent way to get involved in this dynamic field. If you're interested in innovative investment concepts, this book will allow you to develop flexible strategies that suit your specific goals and personality.
Structuring your own hedge fund using ETFs has never been easier, and the longer you wait to do so, the further you'll be left behind. Filled with in-depth insights and expert advice, Create Your Own ETF Hedge Fund, is the ideal guide for those looking to invest for success.
Purchase Create Your Own ETF Hedge Fund Today!
What People Are Saying About Dave's Book
Reading your book along with the Morningstar ETF book was an education. I am even rereading certain chapters to make sure I can answer questions my wife - aka the Devil's Advocate - will inevitably pose. I am in the process of moving my IRA to Scottrade from Vanguard. Thanks for the book. I appreciated not only for the content, but the balance you afford against Fast Money crew stepping all over themselves verbally and the fine but hyper Jim Cramer. The book provided a soothing of Elvira Madigan contrast.
March 4, 2008
Dear Mr. Fry,
I greatly appreciate the opportunity to read your new book "Create Your Own ETF Hedge Fund". It's a thoughtful and well-written book. Having only invested in individual stocks previously, a couple of questions arise as I consider the practical application of ETF strategies pertaining to country-specific ETFs in particular.
Can you recommend a resource or relatively simple way to find (i.e. screen) the 'cheapest' global country-specific ETFs on the basis of P/E, and other metrics such as Price/Book, Price/Sales, Dividend Yield, or other such metrics?
Many thanks again for your book.
Sincerely,
January 27, 2008
I bought the book, am reading it and love it so far. Thanks for being so honest and delivering exactly what I have been looking for. Because of your current location I don't suppose you have thought about selling autographed copies, have you?
Finally, do you know why Value Line discontinued covering ETF's in their Research Center? Morningstar is always so pro-mutual funds and tend to be very behind the curve on this rapidly evolving industry.
Thanks for your service, your letter, you book and your podcast.
Regards,
Subscriber to ETF Digest
January 24, 2008
Exchange-Traded Funds (ETFs) enable share traders, for the first time, to actively participate in multiple equity sectors and styles, international markets, and asset classes. This makes it possible more now than ever for traders to assemble sophisticated and diversified portfolios.
Here are a few resources that I find to be helpful for understanding ETFs and their applications:
1) Create Your Own ETF Hedge Fund by David H. Fry - This new book is unusual in that it describes common hedge fund strategies (long/short, global macro, etc.) and how to implement those strategies using ETFs. The author includes a large list of resources at the end of the book and identifies the ETFs he recommends for the various strategies. The book does not go into the heavy-duty mathematics of portfolio construction and management, but is an excellent primer for traders and investors that want to become their own portfolio managers. See also David's site, where he offers podcasts and portfolios.
January 18, 2008
First off, I just read your book -- absolutely marvelous -- and I follow your daily comments religiously.
Barry C.
March 26, 2008