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Hedge fund: Difference between revisions
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That neglects to mention how much they charge, or that they talk a lot about [[alpha]] — even ''[[leveraged alpha]]'' — and have the [[Backtesting|back-tests]] to prove it — while doing a lot of [[vega]]. | That neglects to mention how much they charge, or that they talk a lot about [[alpha]] — even ''[[leveraged alpha]]'' — and have the [[Backtesting|back-tests]] to prove it — while doing a lot of [[vega]]. | ||
[[Vega]], by the way, is not a drug.<ref>OR IS IT? For those pursuing yield return, the lure of [[leverage]] can be a little addictive, which may or may not be a plot point in Hunter Barkley’s forthcoming novel | [[Vega]], by the way, is not a drug.<ref>OR IS IT? For those pursuing yield return, the lure of [[leverage]] can be a little addictive, which may or may not be a plot point in Hunter Barkley’s forthcoming novel {{br|The ISDA Protocol}}.</ref> In fairness, in speaking of credit and borrowed capital, it does nod in [[Vega]]’s direction. | ||
===Hedge funds hang out with=== | ===Hedge funds hang out with=== | ||