What Is a Hedge Fund?

If you've ever asked yourself the question, "What is a hedge fund?" you're not alone. Despite hearing the term for years on the nightly news, in the business section of the newspaper, and in magazines at the dentist's office, most people still have absolutely no clue what a hedge fund is or what it does. Take a few seconds out of your day to discover the answer so you'll never have to be left in the dark again.