by "rick++" <rick303@[EMAIL PROTECTED]
>
May 20, 2008 at 01:43 PM
As a historical note, I believe this was the original
concept of "hedge fund" - a payout higher than
long term government bonds by investing both long
and short. In recent years hedge has taken on
the nefarious meaning of any sort of cowboy
investing one can get away with as long as one
have few enough investors to hide from the SEC.
And most of those dont do true hedging anymore.
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