hedge clipping
2007-06-28 15:08:51.256497+00 by Dan Lyke 2 comments
Philip Greenspun mentioned that many hedge funds don't outperform the S&P 500, after fees, and today he pointed to New Yorker: Hedge Clipping, a little puff piece about hedge funds and the software to simulate them, and why the real value of hedge funds may be in diversification, although I'd be wary of the "two virtual connections down one piece of fiber" problem...