Hedge Funds Speculators and Their Poverty Premium

The short sale protection racket known as hedge funds is a speculators’ dream come true. According to Investopedia, What Does Hedge Fund Mean? is defined as, "An aggressively managed portfolio of investments that uses advanced investment strategies such as leveraged, long, short and derivative positions in both domestic and international markets with the goal of generating high returns (either in an absolute sense or over a specified market benchmark). Hedge funds use dozens of different strategies, so it isn't accurate to say that hedge funds just "hedge risk". 

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