Bob Rice is author of
The Alternative Answer,
an easy read that explores
intellectually By: Mark Melin, Editor Opalesque Futures Intelligence
After reading north of 30 alternative investing / financial services books (and involved in writing two), it can be said The Alternative Answer is among the easiest reads, but don’t let this fool you. The book speaks on several levels and tackles important intellectual topics. At times entertaining, at times it takes complex topics and breaks them down into a logical framework without losing important nuance, and at times it addresses controversial alternative investing topics in a way not previously seen.
(To view a complementary video interview click here.)
A good example of explaining a complex investment in an understandable framework is how Mr. Rice, the alternatives editor at Bloomberg TV and managing director at Tangent Capital, describes managed futures. Starting with a simple explanation of the time horizon and variability benefits of the contract structure, he moves into definition of the commonly mis-understood industry nomenclature such as commodity trading advisor, pointing out variables that make the investment somewhat controversial. Then he uncovers the big benefit of performance in over 90% of previous stock market crisis.
To view our full article Click here