as a reasonably sophisticated individual investor, i was hoping for some additional insights over what i already know re: convertibles, metals, hedge funds, etc. --the successes and failures of this book are largely section specific: for example, the chapters on Energy, Distressed Securities and Hedge Funds were insightful and worthwhile, whereas the chapters on Gold and Microcaps were hardly worth reading (i.e. no insights whatsoever). In general, Tremont Advisors did a great job in their sections, and the rest (except the one on Energy) were woefully inadequate.

It seems this book was written with a target audience of unsophisticated / non-critical high-net worth individuals in mind...how many of them are out there, hmmm?

Proceed with caution.