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Updated from 11:49 a.m. EDT
Hedge funds
have been one of the fastest growing investment vehicles over the course of the last two decades. However, for many individual investors who cannot invest in hedge funds (see "Want to Try Hedge Funds? First, Get Rich"), these funds appear to operate in a cloak-and-dagger manner, and remain an enigma.
Nonetheless, hedge funds do have an impact on the individual investor -- both directly and indirectly. So let's peel back the hedge fund onion and expose what makes hedge funds unique and how those funds' activities can affect the market and you.
First, What Are Hedge Funds? ...
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