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A kinder, gentler Horse Hedge Fund?
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06-09-2008, 10:10 PM
JJP
Gulfstream Park
Join Date: Jun 2006
Posts: 1,220
A hedge fund usually is a fund that has both long and short positions to always be hedged, to a degree. How does one hedge a racing partnership? By making large bets against your runners when they run?
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