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Investing in 90 percent of hedge funds isn’t worth it: critics

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Most of the smart money is actually pretty dumb, one hedge fund critic said Wednesday. So dumb that of the 15,000 hedge funds in the US, only 1,500 are worth investing in, the critic lambasted. “Ninety percent of hedge funds are not worth their fees,” Chris Solarz, managing director of…

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Click here to read the full story: New York Post

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