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Posted on 4/6/11 at 10:19 am to The Easter Bunny
Either that or they get too big to execute their strategy and/or feel like their niche is gone/opportunities aren't there and they liquidate. It doesn't necessarily mean the investors lose money. I really don't like how people try and group hedge funds into an "asset class." They are very clearly unique entities. The only commonalities are that they typically involve rich people and lots of money.
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