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The Lie That Will Kill Hedge Funds

 

This column was originally published on RealMoney on Aug. 3 at 7:03 a.m. ET. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.

It's all in the marks. Unless you have run a hedge fund, you have no idea what that means.

So I will explain it to the uninitiated. ...

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