Hedges Ready To Ride Out Stock Turmoil

(Wall Street Journal Interactive) Hedge-fund managers are in a buying mood. Despite getting battered in recent days along with the rest of the investing world, many of these highly paid traders say they are convinced this latest turn will be much like many others since the crisis: a harrowing fall, and a rapid comeback. “You’ve got to be not emotional about it,” said Rob Hays, chief investment officer of Dallas hedge fund Ashford Investment Management….

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