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[Opinion]

7/15/2013: Are Hedge Funds Really for Suckers? Yeah, Kinda. (The Washington Post; subscription may be required)
"Business Week is out with an, er, memorable cover announcing that 'Hedge Funds are for Suckers' ... It cites a range of data that shows that after hedge funds have performed worse than the market as a whole in recent years, and that while some fund managers indeed generate excellent risk-adjusted returns, you won't have much luck identifying who those managers will be in advance. And last week, the SEC approved new rules that will allow hedge funds to advertise to the general public ... So, just as there is broader recognition that you're probably not going to win outsized returns from handing your money over to hedge funders ... there also is the possibility of a new wave of advertising that will likely aim to bring in new and less savvy investors."
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