http://www.zecco.com/blogs/condoroptions_blog/Who-Hedge-Funds-Really-Work-For.aspxNice little story in the Times this morning about hedge funds and the people they’ve hurt. As everybody should know by now, you’re really no better off , on average, in a hedge fund than in any other investment vehicle. In this article, ween-USZeccoServerhttp://www.zecco.com/blogs/condoroptions_blog/Who-Hedge-Funds-Really-Work-For.aspx#11601Sun, 02 Sep 2007 15:57:42 GMT67055c26-3fef-46fb-bf95-b7f879c3a598:11601doublet83misleading and unfairly critical..these failed funds that you speak of were invested in highly complex structures, derivaties of derivates, such that an investor couldn't understand them even if they were given more information. Most professional money managers don't understand the risk, since these structures are unprecedented. I don't understand them. No one invests in them to lose money on purpose.