Hedge funds get the New York Magazine treatment

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New York magazine loves its special issues, and this week it’s alighted on hedge funds. The conceit is “Behind the Hedge,” which is illustrated with a picture of… a guy behind a hedge. Really. Is there anything new or interesting here? Not that I can see. But if you’re looking for contrarian indicators, this issue could be a good sign of the beginning of the end of the hedge-fund craze.

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