TY - JOUR T1 - The Case for Hedge Funds JF - The Journal of Alternative Investments SP - 63 LP - 75 DO - 10.3905/jai.1999.318911 VL - 2 IS - 3 A2 - , , Y1 - 1999/12/31 UR - https://pm-research.com/content/2/3/63.abstract N2 - There is a general perception that hedge funds are dangerously high risk vehicles designed only for the elite. The majority of statistical and intellectual evidence suggests otherwise. As has been demonstrated, there is an inherent return in hedge funds, which exists partly because there is excess profit to be earned from consistently dealing in the world's capital and derivative markets. Hedge funds are paid, and have the incentive, to trade and invest when others cannot, will not, or need to be on the other side. ER -