Chapter 2 of Scharfman’s book is all about regulation. Who makes the rules for hedge funds? Who enforces them? And what happens when the regulators actually show up at your door? Let’s break it down.
This is the last chapter of the book, and Harris saved a spicy one for the end. Chapter 29 is about insider trading. You might think it is simple: insiders trade on secret info, SEC catches them, they go to jail. But Harris shows that the whole topic is way more complicated than that. There are actually serious economists who argue insider trading should be legal. Let me explain.
I know what you’re thinking. Ethics and corporate governance? That sounds like the most boring chapter in the book. But hear me out. This stuff directly affects whether your REIT investment is safe and whether the company is being run in your interest or someone else’s. Chapter 13 of Mike Hartley’s book makes a strong case for why you should care about this.