Hedge Funds

Why 99% Of Hedge Funds Are Living On Borrowed Time

by moneymorning.com posted 2years ago 32 views
Hedge funds were supposed to be the ultimate "insider" investment vehicle. Managers would be able to do whatever they wanted – go long, go short, buy bonds, buy commodities, or do whatever they thought was necessary to earn high returns for their investors. The idea was that hedge fund managers, given the latitude available to them, should be able to do well no matter what the stock market did in a given year.

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