Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Memorial Day Sale: Dividend.com Premium Price Slashed — Redeem Now

Dividend logo

Simon Lack used to pick hedge funds for JP Morgan, so he knows quite a lot about these sophisticated investments. And here’s what he’d like you to know about them: there’s a lot less to hedge funds than most people believe.

In his 2012 book, “The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good to Be True” (John Wiley & Sons, Inc.), Lack explained that hedge funds offered great returns long, long ago when they were small and there were relatively few of them, and when their managers actually could find market anomalies from which they could profit.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Is Target Poised to Be a Good Turnaround Dividend Stock?

It’s close to two years since Target hit an all-time high. It is now 33% lower despite making...

Premium Shutterstock 103018373
News

Which FANG Stock Will Become Dividend Royalty First?

If there’s one thing Wall Street truly loves, it’s a good acronym. It makes it easy to market...

Premium Shutterstock 414234568
News

Watch What I Say Before You Buy

For investors, nothing provides more confirmation of their investment thesis than a team of...