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Mar 22 2011

Six Best Books to Read for a Career in Hedge Funds

By Julie Steinberg

If you're planning to break into hedge funds or want to accelerate your career in the industry, it's useful to read the same books that bigwigs in the field do. We spoke to Roy Cohen, career coach and author of The Wall Street Professional's Survival Guide: Success Secrets of a Career Coach, who gave an insider's view of books that hedge fund professionals -- his clients -deem essential reads for those in the industry. Morning Coffee Newsletter Sign up for the latest in finance career news Print 1. The Big Short: Inside the Doomsday Machine by Michael Lewis

This 2010 chronicle published by W.W. Norton & Company gives an overview of the factors that led to the housing crisis and credit crunch. Michael Lewis, the well-known journalist and author of "Liar's Poker," reports on what led to Lehman's demise and also highlights the people who predicted the crash. Hedge fund professionals are attracted to this book because it details one of the biggest events of their careers. Key takeaway: Never say never.

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