What is Hedge fund?Encounter this term during finacial engineering seminar. Search online and find some negative view on hedge fund. I have an idea that this fund is just using the borrowed money to buy the product which is overvalue and after a while sell it. Is that a price influence? Just curious.

所以去年对冲基金吸引了不少pension fund。但对冲基金信息披露不足，所以不少人担心把退休金押在那上面风险太大。 另外，hedge fund的回报披露可选的，当前没有完整的hedge fund的return数据，考虑到基金经理倾向于披露成功的投资，所以估计实际回报没有那么大。

班门弄斧一下：对冲基金目前尚无明确定义。就是受法规管理不严的、可以利用各种“乱七八糟”投资策略的基金。 最初的对冲基金一边赌跌、一边赌涨，故叫：对冲基金。 不对的地方请业内专家指正。