You know, it unnerves me how forceful and imperative you are about it. In the authors opinion, hedge funds do serve a social purpose: To regulate volatile marke

You know, it unnerves me how forceful and imperative you are about it. In the authors opinion, hedge funds do serve a social purpose: To regulate volatile markets via arbitrage, preventing bubbles on the high end and undervaluation on the low end. You can't just enforce an arbitrary rule on something as subjective as semantics.