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Hedge funds have long been viewed as mysterious, high-risk investments, unsuitable for most investors. All About Hedge Funds debunks these myths and explains how any investor can take advantage of the high-potential returns of hedge funds while incorporating safeguards to limit their volatility and risk. This clear-headed, commonsense guide tells investors: What hedge funds are--and what they are not Four key hedge fund strategies How to incorporate hedge funds into an existing portfolio Types of risk involved in hedge fund investing.