Re:How do hedge funds get away with it? Eight theories
by wtmcc on Thursday May 15, 2014 @05:30PM
(#7752369)
This article considers hedge funds in the aggregate, which seems to me to be a fallacy. It doesn’t consider variation within a category which we can usefully select against.
“Money in hedge funds is a bad investment” seems similar to saying “going to college is a bad investment,” when the value of a college degree is highly dependent on institution and major. CS at Stanford may be a fabulous investment, while Folklore/Mythology at U of Phoenix may not be.
“Money in hedge funds is a bad investment” seems similar to saying “going to college is a bad investment,” when the value of a college degree is highly dependent on institution and major. CS at Stanford may be a fabulous investment, while Folklore/Mythology at U of Phoenix may not be.