Although you don't hear much in the news about hedge funds anymore, July was the best performing month this year for the funds, up 3.12% for the month, according to The Credit Suisse Liquid Alternative Beta Index.
Here are some of the top hedge fund books, in no particular order, about how hedge funds work, how to invest like a hedge fund, how to invest in a hedge fund, and managing hedge funds.
All About Hedge Funds : The Easy Way to Get Started by Robert A. Jaeger
Trade Like a Hedge Fund: 20 Successful Uncorrelated Strategies & Techniques to Winning Profits by James Altucher
Investment Strategies of Hedge Funds by Filippo Stefanini
How to Create and Manage a Hedge Fund: A Professional's Guide by Stuart A. McCrary
Funds of Hedge Funds: Performance, Assessment, Diversification, and Statistical Propertiesby Greg N. Gregoriou
Vault Career Guide to Hedge Funds by Aditi A. Davare and Holly Goodrich
Managing a Hedge Fund by Keith Black
Hedge Fund of Funds Investing: An Investor's Guide by Joseph G. Nicholas
SuperCash: The New Hedge Fund Capitalism by James Altucher
Hedge Fund Masters: How Top Hedge Fund Traders Set Goals, Overcome Barriers, and Achieve Peak Performance by Ari Kiev
Confessions of a Street Addict by Jim Cramer
Hedge Fund Trading Secrets Revealed by Robert Dorfman