Hedge Funds? Only if You Like Lots of Risk - You’re the Boss Blog - NYTimes.com:
"Hedge funds are meant for people who know what they are doing, people accustomed to putting real money at risk. Federal law permits investment only by “accredited investors” — generally people with annual incomes of at least $200,000 for singles, $300,000 for couples, or at least $1 million in assets.It goes on to talk about risks, strategies, and expenses.
For investors who pass that hurdle, hedge funds offer opportunities you simply cannot get with mutual funds, whose activities are limited by federal rules meant to minimize risk for small investors. There are about 8,900 hedge funds, with total assets of $1.43 trillion at the end of June."
Good article-will definitely use in class!
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