One Step Ahead: Private Equity and Hedge Funds After the Global Financial Crisis - Hardcover

Timothy Spangler is a writer and commentator who divides his time between Southern California and the United Kingdom. He is writes the award-winning "Law of the Market" blog for Forbes.com, dedicated to covering the politics of Wall Street regulation and the regulation of Wall Street politics. He has appeared on CNN, BBC and Sky News, and has been featured in The New York Times, The Wall Street Journal, The Financial Times, and The Economist.

"A brief, readable explanation of how private equity and hedge funds operate and what purpose they serve in the economy... This is a book for people looking for deep understanding and careful analysis, rather than empty sloganeering -- and yet it will be immediately accessible to the average reader, which is a remarkable accomplishment."
Robert VerBruggen, National Review

"Finally a book that sheds a knowledgeable light on the private equity and hedge fund worlds. Long demonized by the media, Spangler has humanized these often secretive industry sectors all the while revealing just how essential they are."
John Tamny, Forbes Opinions and RealClearMarkets.com

"Spangler, who understands the nuts and bolts of hedge funds and private equity in the US and European contexts, gives the general public knowledge, which is power, to grasp their role in our economic future."
Noreen Clancy, RAND Corporation

"Like a series of exceptional New Yorker articles, ONE STEP AHEAD provides a detailed and engaging insider's view of the seemingly-secret world of alternatives from every perspective"
Karyn Polak, PNC Financial Services

"By setting out the facts clearly and cleanly, Spangler goes beyond the jargon and the headlines to give readers an accurate portrayal of the role of private equity and hedge funds in modern capitalism."
Mark Florman, British Private Equity and Venture Capital Association

"ONE STEP AHEAD explains in simple language what hedge funds and private equity are all about – and why they should be left alone to manage wealth and create wider prosperity."
Eamonn Butler, Adam Smith Institute

"Spangler gives us a very readable introduction to the nuances of international finance and its key personalities."
Roger Farmer, UCLA

"A demystifying read for the intelligent layman."
Iris H Chiu, University College London

"A must read for those who want to cut through the hype and get to the real issues."
Andrew Godwin, University of Melbourne