"An aggressively managed portfolio of investments that uses advanced investment strategies such as leveraged, long, short and derivative positions in both domestic and international markets with the goal of generating high returns (either in an absolute sense or over a specified market benchmark). Hedge funds use dozens of different strategies, so it isn't accurate to say that hedge funds just "hedge risk". In fact, because hedge fund managers make speculative investments, these funds can carry more risk than the overall market".Read the entire essay from the Global Gulag archives
Monday, August 25, 2014
Hedge Funds Speculators and Their Poverty Premium
The short sale protection racket known as hedge funds is a speculators’ dream
come true. According to Investopedia, What Does Hedge
Fund Mean? is defined as,
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