One of the most challenging aspects of being a prudent investor is recognizing the difference between short-term noise and long-term evidence. With billions of market data points available instantaneously 24/7/365, it’s easy to find yourself measuring what equates to a 26.2-mile journey with a 12” ruler. The investment industry and its corresponding news cycle aren’t much help here. We’re naturally conditioned to look at investment “results” in statistically noisy and historically very short time periods: calendar quarters, calendar years and even 3 to 5-year time frames.    [...]

You've heard about them; they're risky. Few seem to make money for their investors. But they get a lot of attention when they do.  So wouldn't it be interesting to know where hedge fund managers invest their money?  You might be surprised at the answer.    Hedge funds are investment partnerships that employ a fund manager seeking to maximize investor returns, usually through aggressive investing strategies. Aiming for market-beating returns, these investment vehicles often invoke high-risk, complex strategies.       The "hedge" part of their name comes from their practice [...]