The Stock Market Philosopher: Insights of a Soviet-Born, New York-Bred Hedge Fund Trader

by Gennady Favel

The Stock Market Philosopher: Insights of a Soviet-Born, New York-Bred Hedge Fund Trader is an entertaining examination of a successful Wall Street trader s thoughts on the stock market, starting with his early attraction to risk-taking endeavors. It's a thoughtful book on trading strategy masquerading as a memoir. Favel draws the reader in with tales of his early years in Soviet Ukraine, followed by his high school and college years in New York. Favel s interest in market strategy was piqued as a youth playing fantiki, a Russian children s game involving Bazooka Joe gum wrappers. His family immigrated to the United States while he was still in grade school and he continued his quest for quick riches through his college career. Favel s youthful exploits eventually paid off, as he began his Wall Street career and began mastering the art of trading. Explore the author s evolving out-of-the-box trading philosophy and strategies, including his thoughts on fundamental vs. technical analysis, modern portfolio theory and the random walk school of analysis.

About the Author
Gennady Favel emigrated from the Soviet Union with his family when he was 8 years old. He went to school in Brooklyn and finished Baruch College with a degree in investment management. After working for several Wall Street firms, Favel joined a growing quantitative hedge fund as a black box trader, where he is now head of equity trading. In the past few years he has helped create several high frequency trading strategies that generate returns multiple times greater than any market index. His experience at the company has given him unique insight and knowledge about the inner workings of stock markets and trading processes.