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Recent articles

Hedge Funds Are Not Imploding

The performance of the S&P 500 is on a par with real ten-year Treasury rates yet, many financial reporters prefer to focus on hedge fund performance, going so far as to suggest they are imploding which, by definition, means a sudden and complete failure. While it... read more

Hedge Funds Take a Lickin’ but Keep on Tickin’

Warren Buffett’s celebrated bet that the S&P 500 will outperform a portfolio of funds of hedge funds springs to mind in the wake of Berkshire Hathaway’s recent $400 million haircut as a result of Wal-Mart’s share-price decline. Although the Wal-Mart loss was a... read more
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