Page A15 of the 2/7/07 WSJ contains an interesting take on hedge funds. When for example does a fund become the very exchange it is chasing? Fidelity Magellan got so big it could do little more than mimic the overall exchnage itself. GE shred of the jet engines is little more than a hedge fund the author argues. Take a read, you tell me, lots of folks fishing for money out there.
OH and rememer this is not gambling, it’s investing……
DLE
Professor Elam 
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