In The Midst of Global Turmoil, Hedge Funds Profit

Am so psyched that The New Yorker published this explainer about the inner workings of the hedge fund. It’s about Casanova, a French doctoral dissertation dating back to1900, and how “heads I win, tails you lose” works … until it doesn’t.

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Frederick Kaufman

Professor of journalism, magazine writer, author of The Money Plot: A History of Currency’s Power to Enchant, Control, and Manipulate.