Essay heading: Once Upon A Time

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Philosophy

 

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Date added:

April 18, 2003

 

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No of pages / words:

5 / 1383

 

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The term hedge fund was defined by Alfred Winslow Jones, in 1949. He exemplified the term by his approach of investing, management, and organizational structure. Its main goal was to eradicate a part of the market risk involved in holding long stock positions by short-selling other stocks. Additionally, Jones was the first to utilize short sales; leverage and incentive fees in combination...
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Its main goal was to eradicate a part of the market risk involved in holding long stock positions by short-selling other stocks. Additionally, Jones was the first to utilize short sales; leverage and incentive fees in combination. Leverage being the money that was borrowed and will be invested at a later date...
displayed next 300 characters

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