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March 28, 2008

Quote du Jour: Hedge Funds Rule

Quote of the day comes from a Euromoney piece on how hedge funds aren't as bad as you think they are:

The worst month for hedge funds has been Long-Term Capital Management (-7%), the worst day for equity has been black Monday (-20%).

Can you say "apples and oranges"? I knew you could.

[via Euromoney]

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