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Yes in the early days, less so now: https://en.wikipedia.org/wiki/Hedge_fund#Etymology https://en.wikipedia.org/wiki/Hedge_fund#Etymology "Early hedge funds s
by brianmcc 3y ago
Yes in the early days, less so now:
https://en.wikipedia.org/wiki/Hedge_fund#Etymology https://en.wikipedia.org/wiki/Hedge_fund#Etymology
"Early hedge funds sought to hedge specific investments against general market fluctuations by shorting the market, hence the name.
Nowadays, however, many different investment strategies are used, many of which do not "hedge" risk."
- JumpCrisscross 3y ago> many different investment strategies are used, many of which do not "hedge" risk." They're still not generally designed to beat the S&P 500, always.
- infecto 3y agoFair if we want to go down the "hedge" approach. My point still stands, they don't all exist to beat the s&p500.