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October 30, 2009

Hedge funds: What should you know?

  • They evoke an exclusive world where the super rich use exotic techniques to grow yet richer, but there's more.
    • By CANDICE CHOI
    AP Personal Finance Writer

    NEW YORK — The arrest of a billionaire in an insider trading case last week drew new attention to hedge funds — investment firms that, for many, evoke an exclusive world where the super rich use exotic investing techniques to grow yet richer.

    The understanding usually stops there.


     
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