27 December 2007

Hedge Funds

NYMag:
Isn’t it time you stopped pretending to understand what a hedge fund is? We tell you all you need to know, in plain English.

The Running of the Hedgehogs
Hedge funds are a fad, but they show no evidence of passing—and we are now living in the wildest, most unrestrained financial moment in recent history.

The Smartest, the Meanest, the Best
Ranking the who's who of the hedge-fund elite.

The Significant Others
Who gets to marry a billionaire and where these wives come from.

Why Fees Won't Come Down
Competition, as any economics student will tell you, brings down prices. It works for computers, cell phones, and cars. So why not for hedge funds?
Long-Short Story Short
Alfred Winslow Jones invented what he called a “hedged fund.” The name’s been bastardized, and so has just about everything else about it.

City for Sale
For almost everything in New York, hedge-funders are the high bidders. And if you’ve got something to sell, what a wonderful thing that is.

The Kingdom of Hedgistan
Why hedge funds cluster in the world's most expensive habitats.

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