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Are hedge funds good for you?
Scandals aside, there are many positive attributes to an industry that gets beaten up by just about everyone
By Kit R. Roane Illustrations by Brian CroninRaj Rajaratnam ran what might be described most delicately as an outlier strategy: trading on insider information, which is not only illegal but impossible to pull off consistently year after year. And in terms of wooing coveted investors, even the most desperate endowment
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