4 ms·

Minor remark: one major selling point of (some) hedge funds is low correlation with other investments, not huge returns.

• dllthomas 12y ago
  Right. The name comes from precisely that.
  • Animats 12y ago
    That's dated. "Hedge funds" once did that, but now they're just unregulated funds for "sophisticated investors", which includes pension funds.
    • dllthomas 12y ago
      Not all (or most) hedge funds do that, but my understanding is that there are still hedge funds that do.