Since Alfred Winslow Jones pioneered the long short equity strategy in the 1940s, Hedge funds have become a multi-trillion dollar industry marked by storied triumphs and scandals. It may appear far-fetched, but Bernie Madoff ran a $65 billion Ponzi scheme as a hedge fund, while Renaissance Technologies’ medallion fund doubled its money roughly every two years for decades. As an investor, you may wonder how you could avoid the pitfalls and make these funds work for you.
Most fund managers are private enterprises, shrouded in secrecy and fiercely protective of their edges in generating investment returns. There are over ten thousand of these funds worldwide, utilizing every conceivable investment strategy and financial instrument. Hedge fund investing is a complex and laborious process.
To help investors navigate the maze and find outstanding funds to boost their financial fortune, our free resources examine the following topics:
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