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Re: BillJay post# 18786

Wednesday, 02/14/2018 4:07:32 PM

Wednesday, February 14, 2018 4:07:32 PM

Post# of 31087

Hedge funds are all about growth and capital appreciation, and they take on high risk investments in order to achieve that,


That is partly correct. I will rephrase: Hedge funds are all about growth and capital appreciation [for their own company and its investors], and they take on high[ly] [opportunistic] risk [mitigated] investments in order to achieve that [end].

This is the educated definition of a Hedge Fund. The operative term is hedge. There's a reason that qualifier is used. To know what a Hedge Fund is not, negate the definition I provided. The result is a naïve definition of a Hedge Fund.

It's called a confidence game. Why? Because you give me your confidence? No. Because I give you mine. -House of Games (1987)

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