In addition to the "When Genius Failed", the story of LTCM suggested by others(which I think is the number one read on this subject) there are a couple good reads as well. I think the recently published "Confessions of a Street Addict" by and about Jim Cramer and Cramer-Berkowitz, his hedge fund, is a great insight into the life of a hyper-active stock trader. Because its so recent it's quite relevant to what we do. I'm not opining on the guy himself (though I do find him to be pretty smart and entertaining). He damn near blew out right before quitting and now he's a journalist/TV and radio personality.
There is another book, of lesser quality by a former employee of Cramer Berkowitz, last name Maeir I believe, that is highly critical of Cramer. It was a quick read.
Micheal Steinhardt put out a self-congratulatory autobiography about 6 months ago. Its a good anectodal source on the business over a long stretch of time and there is no denying Steinhardt's legendary status. Anything written on Soros seems to be awful, especially anything he writes himself IMO. The "Stock Market Wizards" contains a few good interviews with some hedge fund managers, I found the chapter on SAC to be particularly good.
