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Panic Trading

Many hedge fund managers were licking their wounds after a sell-off in Chinese stocks sparked a worldwide retreat from equity markets on February 27, but Adam Stern and Mark Friedman were celebrating.

Many hedge fund managers were licking their wounds after a sell-off in Chinese stocks sparked a worldwide retreat from equity markets on February 27, but Adam Stern and Mark Friedman were celebrating. The co-founders of New York­based hedge fund AM Investment Partners, which manages $750 million in assets, use the

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