March Madness, Hedge-Fund Style

| When entering your office pool this season, check out the collective wisdom on winners and losers, then bet against it. Slate‘s Chris Wilson explains. [%comments]


trader n

In a proper hedge fund the fund principals are expected to have (almost) all of their personal liquid net worth in the fund.

If your own money is at risk this makes a swing for the fences strategy a lot less attractive.