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Barton Biggs helped to create the largest new hedge fund of 2003 that now has over a billion dollars under its management. Biggs recounts some of his experiences in forming this fund in Hedgehogging and offers other examples as well to demonstrate how hedge funds might be used in a modern portfolio. He looks at the best and worst characteristics of hedgehogs. Biggs spent 30 years at Morgan Stanley where he formed the firm’s investment management division and gained recognition as a top U.S. and global investment strategist.
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