Summary

Dean Foster and Peyton Young explain a dramatic problem in the hedge fund industry that allows hedge fund managers to profit hugely while exposing their investors to great unknown risks.

Recommended Citation

Foster, Dean P. and Young, H. Peyton (2008) "Hedge Fund Wizards," The Economists' Voice: Vol. 5 : Iss. 2, Article 1.
DOI: 10.2202/1553-3832.1311
Available at: http://www.bepress.com/ev/vol5/iss2/art1

Readers' Reactions

Anthony D'Amato, Letter: Hedge Funds Race to the Bottom (June 2008)