The financial crisis has made one thing abundantly clear: as an investor, it is not enough to simply diversify your capital across different asset classes and combine them in a "long-only buy-and-hold" strategy. This book provides transparency and understanding of various innovative approaches and is a very important contribution to successful capital investment. Michael Busack, Managing Partner of Absolut Research GmbH, Publisher of the Absolut Report, and Board Member of the Federal Association of Alternative Investments (BAI) e.V., Bonn. This book describes, with remarkable precision, the most significant innovative investment techniques. Enhanced by detailed examples from the trading sector, the authors succeed in making the complex investment strategies concise and fully understandable for the reader. Dr. Roland Füss, Professor of Finance.