The most frequently quoted 'media truths'

Sun Jun 1, 2003



1. Hedge Funds are Inherently Risky

The press likes to print the word "risky" immediately preceding "hedge fund investments". And they are half right. Hedge funds are aimed at sophisticated investors and typically employ strategies that use complex trading techniques and instruments that pose risks unfamiliar to the mutual fund crowd. But, while mutual fund investors have been tabulating double-digit losses over the last couple of years, hedge fund investors have seen modest gains, begging the question:...

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