So just how well are the current batch of hedge funds performing?

Well not very well at all according to this Businessweek article (you gotta love the caption 🙂 ). I’d tend to agree with much of what they say. Sure there are some good traders in some of the hedge funds but the really great ones are the ones you never hear about, who trade their own money not other peoples, and consistently make large amounts of money without taking stupid risks.

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