Stamford Advocate – Barton Biggs didn’t write “Hedge Hogging” for the money. He already has plenty of that.
Obtaining celebrity status wasn’t a motivation either. As a top analyst at Morgan Stanley for 30 years, his name is well-known in many corners of the financial world.
No, Biggs wrote about the roller-coaster world of hedge funds and Wall Street investing because the writing process helps him to organize and clarify his thoughts.
“Writing has always been a way of thinking for me. Investing is a very emotional business,” said the Greenwich resident of 35 years, who was a creative writing major at Yale University. “What crystallizes my thinking is writing.”
Biggs said he also wrote the book to debunk the myth that millions of dollars in profits are at the ready and waiting for anyone who starts a hedge fund.
“I’m trying to write a book that is an impressionistic book about the agony and ecstasy of being a professional investor,” he said. “This is not a book of how to invest or how to start a hedge fund. I’m not interested in doing that.”
But Biggs balked at the suggestion the book is a kiss-and-tell expose of the highly secretive world of hedge funds.
