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Hedge fund
Summary
- The term "hedge fund" dates back to the first such fund founded by Alfred Winslow Jones in 1949. Jones' innovation was to sell short some stocks while buying others, thus some of the market risk was hedged.
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| | Soundex: H321 ( H32 F53 )
Metaphone: HJFNT
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* This page is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Hedge fund".
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