Hedge funds try to produce above-average investment returns using tactics ranging from traditional stock-picking to complex derivative and arbitrage plays. High minimum investments, redemption restrictions and aggressive strategies make them suitable mainly for more sophisticated and well-heeled investors.
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Other Quotes by "Alex Berenson"

Also, most people read fiction as an escape - and I wonder whether my books aren't a bit too grounded in reality to reach the widest possible audience.
Tags: escape, wonder, reality, people
As a public servant, William H. Webster has an impeccable resume.
Tags: impeccable, public, servant, resume
After a generation of misrule under Mr. Hussein, who built a huge military infrastructure while neglecting civilian investment, and a dozen years of United Nations sanctions, Iraq's unemployment rate tops 50 percent.
Tags: military, who, unemployment, generation
The details of the personal expenses that executives put on the company tab often are not known because loopholes in federal disclosure rules let publicly traded companies generally avoid disclosing the perks they give executives along with pay and stock options.
Tags: personal, company, rules, details
For a developing country, average long-run growth of 5 percent a year per capita is excellent, and 7 percent is stellar.
Tags: average, year, country, growth
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